1. How did the Hawley-Smoot Tariff contribute to the Great Depression?
A: The Hawley-Smoot Tariff damaged American sales abroad. Because imports now cost much more, Americans bought fewer of them. In response, foreign countries raised their own tariffs against American products, causing fewer American goods to be sold overseas. This resulted in a lack of foreign markets for exports and uneven distribution of income, both of which hurt American companies and farmers.
2 answers
A: The Hawley-Smoot Tariff damaged American sales abroad. Because imports now cost much more, Americans bought fewer of them. In response, foreign countries raised their own tariffs against American products, causing fewer American goods to be sold overseas. This resulted in a lack of foreign markets for exports and uneven distribution of income, both of which hurt American companies and farmer and furthered the Great Depression.
You are right. It was meant to help ease the Depression, but did not.