USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN POLITICS IN THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
a law passed by Congress in 1930 to raise the tariffs on imported goods in order to protect U.S. businesses and farmers
A
stock market crash
B
Black Tuesday
C
Hawley-Smoot Tariff Act
D
bank runs
Explanation: 

Detailed explanation-1: -Smoot-Hawley Tariff Act, formally United States Tariff Act of 1930, also called Hawley-Smoot Tariff Act, U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression.

Detailed explanation-2: -The Smoot-Hawley Tariff Act of 1930 was enacted to protect U.S. farmers from foreign competition by increasing tariffs on certain foreign goods. It was also purposed to offer protections to other industries from foreign competitors.

Detailed explanation-3: -It did not work, and the United States sank deeper into the Great Depression.” This amusing scene managed to omit the U.S. Senate, but it was on June 13, 1930, that the Senate passed the Smoot-Hawley Tariff, among the most catastrophic acts in congressional history.

Detailed explanation-4: -In June 1930, the Smoot-Hawley Tariff Act increased U.S. tariffs on agricultural imports and more than 20, 000 imported goods. The tariffs imposed were the second-highest in American history. The goal was to protect American farmers who were most affected by the Great Depression.

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