Question

question 1-17
which economic approach did the united states adopt toward foreign trade during the 1920s?
installment buying
isolated to domestic markets
expansion into global markets
transition from agricultural to manufacturing jobs

Explanation:

To solve this, we analyze each option:

• "Installment buying" is a consumer credit method, not a foreign trade approach.
• In the 1920s, the U.S. had protectionist trade policies (e.g., high tariffs like the Fordney - McCumber Tariff), leading to isolation from global trade and focus on domestic markets.
• "Expansion into global markets" is incorrect as the U.S. was not expanding in foreign trade during this period due to protectionism.
• "Transition from agricultural to manufacturing jobs" is about domestic employment structure, not foreign trade.

Answer:

B. Isolated to domestic markets (assuming the second option is labeled B; if the original options had no labels, based on the list, the correct option is "Isolated to domestic markets")