Question

During the 1920s, the federal government encouraged rapid economic growth in the United States by

A) stimulating demand through heavy spending on domestic programs

B) ensuring stability in the financial sector through stock market regulations

C) using tariffs to protect domestic industries from international competition

D) using loan regulations to prevent banks from extending credit to risky customers

Answer 1

C) using tariffs to protect domestic industries from international competition

Step-by-step explanation:

They increased the taxes on imported goods in order to encourage purchase of USA goods. This was the Fordney-McCumber Tarriff Act in 1922.