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.

Answer 1

Congress passed the Smoot-Hawley tariff.

Explanation: The high protective tariffs provoked retaliatory measures, sharply reduced international trade, and helped turn a U.S. downturn into a worldwide economic crisis.