the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
The Hawley-Smoot Tariff, enacted in 1930, significantly raised U.S. tariffs on imported goods, prompting other countries to retaliate with their own tariffs. This led to a decline in international trade, worsening the global economic downturn. As countries struggled to export their goods, economic conditions deteriorated worldwide, contributing to the spread of the Great Depression beyond the United States. The resulting trade barriers further isolated economies, exacerbating the financial crisis on a global scale.
Yes depression can be genetically spread!
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Like the 2009 depression, it spread worldwide.
Salons helped to spread enlightenment ideals.
Kings and Monasteries helped to spread Christianity.
the printing press helped spread his idea around.
the printing press helped spread his idea around.
The printing press helped spread the ideas of the Renaissance.
the printing press helped spread the Renaissance
the printing press helped spread his idea around.