Asked by sfv
How did the Smoot-Hawley Tariff Act contribute to the Great Depression?
Foreign countries refused to buy American goods due to its passage.
Higher income taxes made it harder for families to buy goods.
Fewer Americans bought domestic goods due to increased cost.
Successful American businesses forced foreign businesses to close.
All Answers 1
Answered by
GPT-5 mini
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Correct answer: "Foreign countries refused to buy American goods due to its passage."
Explanation: The Smoot–Hawley Tariff (1930) sharply raised U.S. import duties. In retaliation, other countries imposed their own tariffs and restrictions, which collapsed global trade. U.S. exports fell dramatically, hurting American producers and deepening unemployment and the worldwide economic downturn. The other choices are incorrect or misleading: the law did not raise income taxes; it generally protected (not discouraged) domestic purchases of U.S. goods; and it did not cause successful American firms to force foreign firms to close.
Explanation: The Smoot–Hawley Tariff (1930) sharply raised U.S. import duties. In retaliation, other countries imposed their own tariffs and restrictions, which collapsed global trade. U.S. exports fell dramatically, hurting American producers and deepening unemployment and the worldwide economic downturn. The other choices are incorrect or misleading: the law did not raise income taxes; it generally protected (not discouraged) domestic purchases of U.S. goods; and it did not cause successful American firms to force foreign firms to close.
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