Factors leading to globalization
The American Revolution's connection to "liberty" was important on a global scale, since this inspired many other nations, including France, to start revolutions in order to throw off tyranny.
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Harding was for expanding the defensive tax. Harding additionally authorized new movement laws. The Fordney-McCumber Tariff was built up and wound up plainly one of the most noteworthy levies ever. This levy was considerably higher than the Payne-Aldrich tax amid Taft's administration. Rather than helping the economy, the Fordney-McCumber Tariff was a reason for the Great Depression. It made different nations increment their rates. The nation was no in conditions like the begin of World War I. Wartime controls were evacuated, the Fordney-McCumber Tariff was built up and movement was limited. Harding understood the greater part of the defects in the administration that should have been settled however he passed away before he goes the opportunity to utilize his energy. The Teapot Dome embarrassment additionally happened amid Harding's administration when Secretary of the Interior Albert B. Fall rented an oil save in eastern Wyoming to Harry F. Sinclair's oil organization in 1921.
