Asked by Alexandra Rogers on Jun 27, 2024
Verified
What were the consequences of the passage of the Smoot-Hawley Tariff?
Smoot-Hawley Tariff
A 1930 U.S. law that raised tariffs on thousands of imported goods, contributing to the Great Depression.
Consequences
Consequences are outcomes or effects that result from a preceding action or decision, impacting subsequent events or conditions.
- Analyze the effects of specific policies such as the Smoot-Hawley Tariff and social security legislation.
Verified Answer
KD
Kimberly DiloneJul 02, 2024
Final Answer :
Most of the countries enacted similar protectionist measures and the net effect was a dramatic decline in international trade.
Learning Objectives
- Analyze the effects of specific policies such as the Smoot-Hawley Tariff and social security legislation.