Which of the following best describes the significance of the Fordney-McCumber Tariff of 1922?

a. It created the first pension system for veterans' widows in the nation's history.

b. It was meant as retaliation against European protectionism.

c. It was a first step toward fair trade.

d. It demonstrated a repudiation of Wilson's free-trade ideas.

e. It was universally embraced as a means of protecting American workers.

Question

Social Studies

Wyatt

15 May, 09:08

Which of the following best describes the significance of the Fordney-McCumber Tariff of 1922?

a. It created the first pension system for veterans' widows in the nation's history.

b. It was meant as retaliation against European protectionism.

c. It was a first step toward fair trade.

d. It demonstrated a repudiation of Wilson's free-trade ideas.

e. It was universally embraced as a means of protecting American workers.

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Answers (1)

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Denzel · Answer 1

The correct option is d. It demonstrated a repudiation of Wilson's free-trade ideas.

Explanation:

In 1922, the U. S Senate established the Fordney-McCumber Tariff which set higher rates on imported goods to protect American manufacturers. This legisation opposed Wilson's ideas of free trade since it made it difficult for European traders to compete with the domestic ones.