4 of 44 of 4 Items Question Which action most contributed to an international economic crisis during the early years of the Great Depression? (1 point) Responses Congress passed the Smoot-Hawley tariff. Congress passed the Smoot-Hawley tariff. The United States stock market lost a great deal of its value. The United States stock market lost a great deal of its value. The Federal Reserve sharply dropped interest rates. The Federal Reserve sharply dropped interest rates. European governments ended the use of the gold standard. European governments ended the use of the gold standard. Skip to navigation

Answer 1

The action that most contributed to an international economic crisis during the early years of the Great Depression was Congress passed the Smoot-Hawley tariff. This tariff raised import duties on numerous goods, leading to retaliatory tariffs from other countries, which significantly hampered international trade and exacerbated the global economic downturn.