Question

Which of the following factored into making the Great Depression a worldwide crisis?

(1 point)

an increase in agricultural prices

a post-World War I economic boom

lowered tariffs

American protectionism

Answer 1

American protectionism factored into making the Great Depression a worldwide crisis. The implementation of protectionist measures, such as the Smoot-Hawley Tariff of 1930, led to increased tariffs on imports, which in turn prompted other countries to retaliate with their own tariffs. This contributed to a decline in international trade and exacerbated the economic downturn globally.