Which of the following statements is true of the Underwood Tariff?
A)It was the first tariff reduction since the Civil War.
B)It was an element of the Bureau of Corporations Act.
C)It demonstrated Wilson's concern for American farmers.
D)It raised the tariff on imported food products.
E)It made America's industrialists even richer.

Question

Quizplus · Accepted Answer

The Underwood Tariff, enacted in 1913, was the first significant reduction in tariffs since the Civil War, lowering rates to encourage trade and competition.

Which of the Following Statements Is True of the Underwood