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Sky-high tariff bill of 1930 that deepened the depression and caused international financial chaos?
Hawley Smoot Tariff
What did the Smoot-Hawley Tariff of 1930 do?
It raised tariffs on imported goods.
How did the united states econemy of the 1920's differ from the economy of the 1930's?
The roarin' 1920's were the opposite of the 1930's. The 1920's were a peak in the economy, wheras the 1930's were the time of the Great Depression.
During the 1930's the nation's economy experienced?
a great depression
Between 1890 and 1930 this type of economy caused leading economists to be critical of the inequalities that it had created among the people?
CapitalismALS :)
When Congress passed the SmootHawley tariff to help alleviate conditions of the Great Depression why was it actually the wrong thing to do?
The Tariff Act of 1930 raised tariff fees on imported goods to a historical high. Meant to help US business at a fragile time, it actually worsened the situation by reducing US imports and exports to nearly half. This overall this contributed to a longer and deeper depression.
What tariff legislation was passed by the US Congress in 1930?
In 1930, for example, the U.S. Congress passed the Hawley-Smoot Tariff Act.
What tariff passed in 1930 destroyed all foreign trade?
Smoot-Hawley Tariff
When was the smoot-howley tariff established?
June 17, 1930 was when this tariff act was signed into law.
Sky-high tariff bill of 1930 that deepened the depression and caused international financial chaos?
Hawley Smoot Tariff
What did the Smoot-Hawley Tariff of 1930 do?
It raised tariffs on imported goods.
What did the Smoot Hawley tariff act of 1930 do?
Raised tariffs on imported goods
How did US voters react to the Hawley-Smoot Tariff Act of 1930?
The legislative analysts determined the Hawley-Smoot Tariff Act was a large mistake.
Government act which increased taxes on imports in June of 1930?
Smoot-Hawley Tariff
What law did congress pass in 1930 to protect industries from foreign imports?
Hawley-Smoot Tariff
How did the united states econemy of the 1920's differ from the economy of the 1930's?
The roarin' 1920's were the opposite of the 1930's. The 1920's were a peak in the economy, wheras the 1930's were the time of the Great Depression.
Smoot-Hawley Tariff?
Was enacted in 1930. This treaty raised tariffs on many imported goods. Many American trading partners retaliated in response to this tariff. It might have even worsened the Great Depression. It reduced international trade.
