What is the definition of quota system in economic?

Answer 1

In 1921, Congress passed the Emergency Quota Act. Its established a quota system. This set a limit on how many immigrants from each country could enter the United States every year.

_______________________________________________________________________

The quota system made it so only 2% of a county's population could enter the US as immigrants each year. This mainly was to limit European Immigration, and was successful in limiting immigration except from Mexico and Canada.

Answer 2

The Emergency Immigration Act of 1921 restricted European arrivals each year to 3% of the foreign-born of any nationality as shown in the 1910 census. A quota law in 1924 reduced the number to 2% based on the 1890 census, which included fewer of the "new" immigrants from southern and eastern Europe. This law set a permanent limitation. which became effective in 1929, of slightly over 150,000 immigrants per year based on the "national origins" of the U.S. population as of 1920. In signing the law Coolidge pledged, "America must be kept American."

Answer 3

Quota is the amount of restrictions of a certain comodity to import foreign goods and services which will be sold domestically. Due to assist the domestic producers.

Answer 4

The quota system limited by nationality the number of immigrants who may enter the US each given year. The system was determined by legislation in 1921.

Answer 5

The system was made to restrict the amount of immigrants coming in the U.S

Answer 6

hi umm this is so freakinn stupid& i need to know when the quota system started for this stupid thing ugh

Answer 7

It's purpose was to limit immigration from certain countries (middle Eastern/southern Europe) because of communism.

Answer 8

It limited the amount of foreigners from each country coming into the United States

each year. (Ex. China is allowed 38,0000 each year)

Answer 9

quantitative mean for limiting directly the imports by affecting the supply of imported goods.