THE ROARING 20S 1920 1929
AMERICAN POLITICS IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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helped Britain and France pay off their war debts
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helped Germany pay off its war debts
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raised taxes on goods entering the U.S.
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raised taxes on good leaving the U.S.
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Detailed explanation-1: -The Fordney–McCumber Tariff of 1922 was a law that raised American tariffs on many imported goods to protect factories and farms. The US Congress displayed a pro-business attitude in passing the tariff and in promoting foreign trade by providing huge loans to Europe. That, in turn, bought more US goods.
Detailed explanation-2: -The Fordney-McCumber Tariff of 1922 was supposed to stimulate recovery from a postwar economic downturn. In reality, its extended duties on agricultural imports actually cost American farmers dearly in already depressed European markets.
Detailed explanation-3: -The Fordney-McCumber Tariff was meant to: help Britain and France pay off war debts.
Detailed explanation-4: -How did the Fordney-McCumber Tariff affect other countries? The Fordney-McCumber Tariff affected other countries by having France and Britain put pressure on Germany to pay its promised reparations. But Germany could not make the payment because their economy had been destroyed. So French troops marched into Germany.