What was the purpose of the Fordney-McCumber Tariff?

to cut taxes to increase workers' purchasing power

to raise import duties to protect US businesses

to discourage exports by taxing them

to impose a tax on stock market transactions

Question

Raven Briggs

17 January, 17:44

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Sam Greer · Answer 1

to raise import duties to protect US businesses

What was the purpose of the Fordney-McCumber Tariff?to cut taxes to increase workers' purchasing powerto raise import duties to protect US businessesto discourage exports by taxing themto impose a tax on stock market transactions