US Tariff Acts of the 1920s

What is the Emergency Tariff Act?
Increased the import taxes on wheat, sugar, meat, wool, and other agricultural products

When was the Emergency Tariff Act introduced?
May 1921

“Put controls on government spending”
Budgeting and accounting act

When was the budgeting and accounting act implemented?
June 1921

What is the Revenue Act?
Changed taxes cutting individual tax and wartime tax on high levels of profit.

How did the Revenue Act affect businesses?
Put in place a rise in the amount of tax paid by businesses.

When was the Revenue Act introduced?
November 1921

“Raised tariffs and extended them to industrial to industrial goods. It also gave the president power to raise the tariff yearly, in line with the selling price of these goods in the US”
Fordney and McCumber Tariff Act

When was the F&M tariff act introduced?
September 1922

What did these acts encourage Americans to do?
Encouraged them to buy American goods! But this did not help US exports

1920’s … Teapot Dome Scandal symbol of government corruption; government oil reserves were secretly leased to oil companies in exchange for financial compensation WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write …

Nativism severe immigration laws to discourage and discriminate against foreigners, believed to erode old-fashioned American values Birth of a Nation book & movie that pawned resurgence of the Ku Klux Klan based on The Clansman WE WILL WRITE A CUSTOM …

Warren G. Harding’s weaknesses as president included all of the following except a(n) a. lack of political experience. b. mediocre mind. c. inability to detect moral weaknesses in his associates. d. unwillingness to hurt people’s feelings by saying no. e. …

Federal Emergency Relief Act/Admin [FERA] FIRST New Deal; RELIEF. Money to states for direct payments or wages on work projects, direct aid to unemployed, public works. Civil Works Administration [CWA] FIRST New Deal; RELIEF. Provided temporary jobs during the winter …

Charles Lindbergh United States aviator who in 1927 made the first solo nonstop flight across the Atlantic Ocean (1902-1974) Scopes Monkey Trial 1925, the trial that pitted the teaching of Darwin’s theory of evolution against teaching Bible creationism WE WILL …

Hoover -not a good speaker and very unattractive -presidency came at a bad time -campaign remarks were thrown back in his face later on what were the weak spots in the economy that lead to the great depression? A. Farming …

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