- Before there was a free market(Anyone able to buy and sell anything), Isolationism brought with it 'protectionist policies' this protected businessmen in America.
- Taxes lowered for businessmen
- Government had policy called Laissez-Faire which means they didn't get involved
- Started tariff policy, raised amount of money other contries had to pay to sell their goods in America
- First tariff called Fordney-McCumber Tariff. Raised 32 times in 1 year
- Next was Hawley-Smoot
It meant that when they needed to they couldn't sell produce to other countries because the other countries also raised high tariffs.
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