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.
Answer:
542 Allied kills
Explanation:
Me 262 pilots claimed a total of 542 Allied kills (although higher claims are sometimes made). The Allies countered its potential effectiveness in the air by attacking the aircraft on the ground and while taking off or landing.
The Proclamation announced the acceptance of black men into the Union Army and Navy, enabling the liberated to become liberators
Answer:
Others did not suffer during the second half of the 18th century; indeed, the gradual Creole elites in Venezuela had good reason to fear
Explanation:
Barbarossa was the crucial turning point in World War II, for its failure forced Nazi Germany to fight a two-front war against a coalition possessing immensely superior resources. The Germans had serious deficiencies.
