THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -False. Their isolationism disarmament policies and reduced military spending. The high tariff policies of the 1920s enhanced American prosperity but crippled international trade and Europe’s economic recovery from World War I.
Detailed explanation-2: -The policy of Isolationism in the 1920’s attempted to isolate the United States from the diplomatic affairs of other countries by avoiding foreign entanglements and entering into alliances, and limiting foreign competition by imposing high import tariffs (Taxes).
Detailed explanation-3: -During the 1930s, the combination of the Great Depression and the memory of tragic losses in World War I contributed to pushing American public opinion and policy toward isolationism. Isolationists advocated non-involvement in European and Asian conflicts and non-entanglement in international politics.
Detailed explanation-4: -Thus, U.S. foreign policy during the 1920s was characterized by the enactment of isolationist policies; for instance, the U.S. opted not to join the burgeoning League of Nations, even though it had been the nation to first propose such international cooperation.
Detailed explanation-5: -The isolationism policy proposed by President Harding helped the United States gain unprecedented prosperity in the 1920s. prevent wars like WWI. Instead of adding tensions between the United States and the Europe, it was wise to shift the focus from international cooperation to domestic improvement [5].