THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ____ decreased international trade and worsened the economic depression.
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Smoot-Hawley Tariff
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Emergency Banking Relief Act
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Securities and Exchange Commission
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Federal Deposit Insurance Commission
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Explanation:
Detailed explanation-1: -The Smoot-Hawley Act increased tariffs on foreign imports to the U.S. by about 20%. At least 25 countries responded by increasing their own tariffs on American goods. Global trade plummeted, contributing to the ill effects of the Great Depression.
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