910228
Description
Mind Map by Vanessa Fundi, updated more than 1 year ago
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Created by Vanessa Fundi
almost 11 years ago
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Fordney McCumber Tariff 1922
- Restore high rates imposed before WW1 this included farming goods
- This was tax on all foreign goods sold in the USA
- This helped American industries
- This helped American industries
- This helped American businesses and economies
- American goods were cheaper than foreign goods.
So this meant that American citizens would buy
American goods and therefore help to stimulate
American economy
- Europe retaliated by putting taxes on all American goods
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