Question

explain in your own words how the Smoot-Hawley tariff act contributed to the great depression. do not plagiarize and write 1 paragraph and dont use insanely good grammar and dont use semicolon

Answer 1

The Smoot-Hawley Tariff Act raised tariffs on a lot of imported goods in the United States back in 1930. This meant that foreign products became more expensive, which made people less likely to buy them. Other countries didn’t like this and started putting their own tariffs on American goods in response. This situation made trade between the US and other nations slow down a lot. With fewer exports, many American businesses struggled and ended up laying off workers or even shutting down entirely. As a result, the economy took a big hit, and it helped deepen the Great Depression since a lot of people lost their jobs and money became tight.