Question

After the stock market crashed, Congress put tariffs on imported goods. What was the effect of these tariffs?(1 point)ResponsesThe tariffs led to an overproduction of food.The tariffs led to an overproduction of food.The tariffs caused risky fluctuations in the market.The tariffs caused risky fluctuations in the market.The tariffs allowed American businesses to recover.The tariffs allowed American businesses to recover.The tariffs created an escalating trade war.

Answer 1

The tariffs created an escalating trade war.

Explanation: The Smoot–Hawley Tariff (1930) raised U.S. import duties, prompting other countries to retaliate with their own tariffs, which reduced international trade and worsened the Great Depression.