Select the correct answer. What effect did the Revenue Act of 1926 have on Americans? A. It raised the estate taxes Americans had to pay. B. It increased the purchasing power of rich Americans. C. It provided tax relief in cases of natural disasters. D. It reformed the nation's system of taxation.

Option b: It increased the purchasing power of rich Americans.

Explanation:

Revenue Act of 1926-Act gave tax breaks to the wealthy in an attempt to encourage the "trickle down effect." As it has Lowered the top income tax rate even further from the 1924 bill

The Revenue Act of 1926 was set up for the good of the American people and it has help in the process of increasing he purchasing power of rich Americans and it has reduced inheritance and personal income taxes drastically,ended public access to federal income tax returns and eliminate gift tax..

the earth’s crust is broken into separate pieces called tectonic plates (fig. 7.14). recall that the crust is the solid, rocky, outer shell of the planet. it is composed of two distinctly different types of material: the less-dense continental crust and the more-dense oceanic crust. both types of crust rest atop solid, upper mantle material. the upper mantle, in turn, floats on a denser layer of lower mantle that is much like thick molten tar.

each tectonic plate is free-floating and can move independently. earthquakes and volcanoes are the direct result of the movement of tectonic plates at fault lines. the term fault is used to describe the boundary between tectonic plates. most of the earthquakes and volcanoes around the pacific ocean basin—a pattern known as the “ring of fire”—are due to the movement of tectonic plates in this region. other observable results of short-term plate movement include the gradual widening of the great rift lakes in eastern africa and the rising of the himalayan mountain range. the motion of plates can be described in four general patterns:

collision: when two continental plates are shoved together

subduction: when one plate plunges beneath another (fig. 7.15)

spreading: when two plates are pushed apart (fig. 7.15)

transform faulting: when two plates slide past each other (fig. 7.15)

during the nancy. probs