Answer:
- Emergency Tariff Act of 1921:Increased the American purchasing power.
- Revenue Acts of 1924 and 1926:Increased the American purchasing power and it also resulted in the reduced income gift, and inheritance taxes.
- Washington Disarmament Conference:It decreased the size of the navies around the world or globe.
Step-by-step explanation:
- Emergency Tariff Act of 1921:
As in the year 1921 tariffs on imports were increased making it impossible for the foreign companies to do business or sale there products in the US territory. And it increased the American purchasing power by enhancing the local companies productivity and revenue.
- Revenue Acts of 1924 and 1926:
The revenue was done for lowering the rates of the products present in the market and making it possible for each individual to purchase different products.As it increased the purchasing power of the people. And along with that it also resulted in the reduced income gift, and inheritance taxes.
- Washington Disarmament Conference:
In order to limit the military might or capacity of the power full countries around the globe a conference took place. It basic approach was to reduce the productivity of naval ships and the armory related in order to avoid any aggression been shown by any of the States.So, it decreased the size of the navies around the world or globe.