Answer:
Because the system has warn out and decayed during the yuan dynasty we just did this lesson
Explanation:
For the answer to the question above, t<span>he rejection of the league of nations, the higher tariffs imposed by the or deny-cucumber act and the emergency quota act all point to America's desire of isolationism during the early 1920's.
</span>The American foreign policy of Isolationism in the 1920's<span> was a diplomatic and economic doctrine that aimed at self-advancement to make the United States economically self-reliant and retaining peace with other nations.</span>
Answer:
It established a federal banking system to oversee tariffs.
Explanation:
The Underwood Tariff Act of 1913 aimed to reform and reduce tariffs at the same time that provided income tax raise revenue for the government.
The Act reduced the average tariff on imported goods so it encouraged American manufacturers to increase efficiency and become more competitive. This Act also imposed the federal income tax to compensate for the lost revenue on tariffs. But it did not create a national bank system to oversee tariffs.
There is little to no competition. Monopolies basically dominated whatever market they were in leaving little to no room for other companies.
