karlabooze karlabooze
  • 07-04-2022
  • History
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How did the smoot-hawley act of the united States effect the global depression?

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jdleonv07 jdleonv07
  • 07-04-2022

Answer: The Act and tariffs imposed by America's trading partners in retaliation were major factors of the reduction of American exports and imports by 67% during the Depression. Economists and economic historians have a consensus view that the passage of the Smoot–Hawley Tariff worsened the effects of the Great Depression.

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