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falling prices - Apex
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What law did congress pass in 1930 to protect industries from foreign imports?
Hawley-Smoot Tariff
What was established first hoover moratorium or agricultural marketing act or smoot-hawley tariff or Kellogg-briand act?
kellogg-briand act
What was the overall worldwide effect of America raising their tariffs during the 1920s?
The overall worldwide effect of America raising tariffs during the 1920s, particularly with the Smoot-Hawley Tariff of 1930, was a significant decline in international trade. Other countries retaliated by imposing their own tariffs, leading to a global trade war that exacerbated the economic downturn and contributed to the Great Depression. This protectionist approach stifled economic recovery and increased tensions between nations, ultimately hindering global economic cooperation.
How did the raising of U.S. tax Imporation expand the worldwide depression?
The raising of U.S. import taxes, particularly with the Smoot-Hawley Tariff in 1930, led to retaliatory tariffs from other countries, which significantly reduced international trade. This protectionist measure exacerbated the worldwide depression by stifling economic recovery, increasing unemployment, and deepening recessionary pressures globally. As countries faced reduced access to markets and collapsing demand, the interconnectedness of economies meant that the downturn spread rapidly across borders, worsening the overall economic crisis.
What did investors fear would happen because of the Smoot- Hawley tariff act?
Falling prices of goods is what investors feared would happen because of the Smoot-Hawley Tariff Act.
How did investors fear as a result of the Smoot-Hawley tariff act?
Falling prices of goods is what investors feared would happen because of the Smoot-Hawley Tariff Act.
What did investors fear would happen beause of the Smoot-Hawley Tariff Act?
a decline in prices-apex
What factor helped to worsen the great depression?
The Smoot-Hawley Tariff act
He signed the highest tariff in us history?
Yes, he did.
How did the hawley-smoot tariff affect the economy?
The tariff hurt trade with other countries
What tariff passed in 1930 destroyed all foreign trade?
Smoot-Hawley Tariff
How did Smoot Hawley tariff affect the American economy?
The tariff hurt trade with other countries.
When was the smoot-howley tariff established?
June 17, 1930 was when this tariff act was signed into law.
How did Smoot-Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
What did the Hawley Smoot Tariff help spread the depression overseas?
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
How did the hawley Smoot tariff helped spread the depression overseas?
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
