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Question
question 10 (multiple choice worth 5 points)
(4.05flc)
during the 1920s, what was the goal of the united states tariffs?
protect u.s. businesses from competition
help european governments repay their war debts
keep foreign workers from replacing u.s. workers
encourage u.s. manufacturers to trade with europe
In the 1920s, the U.S. implemented high tariffs like the Fordney-McCumber Tariff. These tariffs made imported goods more expensive, which shielded domestic U.S. businesses from cheaper foreign competition, allowing them to maintain market share and prices. The other options are incorrect: tariffs made it harder for Europe to sell to the U.S., hindering their war debt repayment; tariffs do not directly regulate foreign worker employment; and they discouraged, not encouraged, U.S. trade with Europe by raising barriers.
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Protect U.S. businesses from competition