THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
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The Hawley-Smoot Tariff
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helped the US economy but hurt the world economy
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hurt the US economy but helped the world economy
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Neither helped nor hurt the US and world economy
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created a global drop in business, resulting in a world-wide depression.
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Explanation:
Detailed explanation-1: -The Smoot-Hawley Tariff Act did not cause the Great Depression; however, it worsened conditions during that time. The Act increased tariffs, which further stressed struggling nations-including those in debt to the U.S.-and caused other nations to retaliate by imposing their own tariffs.
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