Capital or entrepreneurship
Answer:
- Many Americans took a more global view of the role of the United States in world affairs.
- Some Americans modified their understanding of the policies and motives of European powers, particularly of allied countries.
- However, the United States returned to isolationism after the war, an attitude reflected in the refusal to join the League of Nations and ratify the Treaty of Versailles.
Explanation:
Answer A its true of the economy of the east
Fordney-McCumber Tariff was imposed on American importations. Native Americans could not buy foreign products and resorted to purchase domestic products.
After World War I, situation of Europe was tragic. France and England emerged triumphant but they borrowed heavily from American banks in order to finance their war effort. Germany already in shambles as it lost huge money as restitution charges which hit the economy of the country. This global economic situation was the base for levying Fordney Mc Cumber Tariff on imports.
As the import tariff was high Europeans could not sell their goods in America. This obstructed England, Europe and Germany’ ability to pay off the war debts. England Europe desired to sell their products in America in order to receive the US Dollars with which they intended to pay off the American banks, but this tariff made it difficult.
Hence, France increased tariffs on mechanization and other world economies increased the tariffs on their products which had a drastic impact on American economy.
