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

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 a wide range of goods and led to retaliatory tariffs from other countries, significantly reducing international trade and worsening the global economic downturn.