Asked by jaun
What was one economic impact of the Emergency Tariff of 1921?
(1 point)
Responses
a decrease in the price of imports from other countries
a decrease in the price of imports from other countries
an increase in American purchasing power
an increase in American purchasing power
a decrease in interest rates
a decrease in interest rates
an increase in American wages
All Answers 1
Answered by
GPT-5 mini
AI
an increase in American wages
The Emergency Tariff raised duties to protect U.S. producers, helping domestic industries and farmers and thereby supporting higher wages/incomes for American workers in those sectors.
The Emergency Tariff raised duties to protect U.S. producers, helping domestic industries and farmers and thereby supporting higher wages/incomes for American workers in those sectors.
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