Political and Economic Isolation Reversals in US Government policy from By Mr. D. Harden Mexborough Schoolwww.SchoolHistory.co.uk
The Economic Isolation 1922 Fordney McCumber Tariff Act All non American goods had to pay a huge tariff or entry tax This produced a huge domestic budgetary surplus Most Americans could only therefore buy American goods
How would this make America rich? How can stopping foreign imports help America? Most of these are Model T Fords
What else helped the USA? Tax cuts Loaning money abroad (Creditor Nation: Britain alone owed $9 billion. America rebuilt Germany after WW1) High consumer spending 3 Republican Presidents from 1922 onwards
Political Isolation after WW1 Why did America want to leave Europe to its own arguments? What did the American President, Woodrow Wilson come up with that the US people rejected? Why had so many Europeans left to go to the US?
The League of Nations Woodrow Wilson's great idea
Isolationism The United States shall avoid, at all costs, any war in Europe. No President will be allowed to take the American people into any conflict This was called the Neutrality Act and kept the US out of WW2 until December Pearl Harbor Germany and Japan declared war on the US