Question

The Fordney-McCumber Act of 1922 helped boost the American economy by

A) prolonging the animosities in Europe.
B) applying high taxes to foreign-made goods.
C) creating tax loopholes for big businesses.
D) making loans to foreign countries illegal.

Answer 1

B--applied high taxes to foreign-made goods. --The tariff was one of many measures in the 1920s to put the US back into isolation.

The tariff made imported goods more expensive which in theory should have increased US jobs and production. However, European countries then put tariffs on our goods reducing the market for US goods.

Answer 2

The answer is option B.

Step-by-step explanation:

Connected high duties to outside made products. - The tax was one of numerous measures during the 1920's to return the US to detachment. The tax made imported merchandise more costly which in principle ought to have expanded US occupations and creation. Notwithstanding, European nations at that point put duties on our merchandise decreasing the market for US products