What act by congress contributed to the world wide spread of the Depression?
The Dawes Plan?
9 answers
Nope. What are your other choices?
Smoot–Hawley Tariff Act?
Stock Market Crash of 1929
Read this:
http://future.state.gov/when/timeline/1921_timeline/smoot_tariff.html
http://future.state.gov/when/timeline/1921_timeline/smoot_tariff.html
Hoover`s administration made a bad mistake when Congress, caving in to special interests, passed the Smoot-Hawley Tariff Act in 1930. The measure would hike up tariffs to prohibitively high levels. The president signed the bill into law over the objections of more than 1,000 economists. Every major trading nation protested against the law and many immediately retaliated by raising their tariffs. The impacts on international trade were catastrophic. This and other effects caused international trade to grind nearly to a standstill; the depression spread worldwide. ^-^ just change this up a bit so they don't say u plagiarized anything ^.^
What is the source of your quote?
Boberto, read what I posted for you and make up your own mind.
ok thanks.
You're welcome. :)
1 answer