Question

what was one economic impact of the emergency tariff of 1921?
(1 point)
a decrease in the price of imports from other countries
an increase in american purchasing power
a decrease in interest rates
an increase in american wages

Explanation:

The Emergency Tariff of 1921 imposed high duties on imported agricultural goods and manufactured items. By raising the cost of foreign imports, it made domestic American products more competitive, which supported domestic businesses and allowed them to increase wages for workers. The other options are incorrect: tariffs increase import prices, do not directly impact interest rates, and do not boost overall purchasing power (as import prices rise).

Answer:

an increase in American wages