What was one result of the Fordney-McCumber Act?

2 answers:

6 0

One result of the Fordney-McCumber Act is that Britain and France were not able to sell enough goods to pay off their war debts. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.

Diano4ka-milaya [45]3 years ago

5 0

Answer:

American businesses lost money because American business partners also raised tariffs on American products

Explanation:

The Fordney-McCumber Act was an Act that aimed to protect American factories and farms by raising American tariffs on many imported goods. The problem was that five years later the American trading partners also raised their tariffs which caused a loss of more than 300 million dollars to American farmers.

You might be interested in

What is a source of the current Arab-Israeli conflict? Question 22 options: Iraq's takeover of Kuwait al-Qaeda's terrorist attac

Arisa [49]

Answer:

all i know is itis not the decline of the Ottoman Empire

Explanation:

6 0

3 years ago

Read 2 more answers

The First Bank of the United States allowed the government to produce

Dmitriy789 [7]

Answer:

its C

Explanation:

3 0

3 years ago

What was the main reason for building the Suez Canal?

IrinaK [193]

The Suez Canal is a man-made waterway connecting the Mediterranean Sea to the Indian Ocean via the Red Sea. It enables a more direct route for shipping between Europe and Asia, effectively allowing for passage from the North Atlantic to the Indian Ocean without having to circumnavigate the African continent.

7 0

3 years ago

Read 2 more answers

Which event best completes the table

Alona [7]

Declines in stock prices eliminated personal savings and left investors in debt best completes the table which has been attached below.

C. Declines in stock prices eliminated personal savings and left investors in debt.

<u>Explanation:</u>

At the point when a stock value falls then the organization must offer more portions of stock to raise a similar measure of continuous. So Investors regularly purchased stocks on margin. A margin account is an investment fund in which the dealer loans the speculator cash to purchase a bigger number of protections than what they could some way or another purchase with the parity in their record.

Margin obtaining, accessible at most financiers, enables speculators to get cash to purchase stock. The bought stock as a guarantee for the advance. Purchasing on margin is getting cash from a merchant to buy stock. Underlying speculation of in any event $2,000 is required (least edge). You can get up to half of the price tag of a stock (introductory margin).

6 0

3 years ago

Natural selection cannot?

Contact [7]

The answer would likely be C! Natural selection cannot select what a species need, the adaptions may be positive or negative.

4 0

2 years ago