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Falling prices of goods is what investors feared would happen because of the Smoot-Hawley Tariff Act.
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How did the Hawley Smoot Tariff make the depression worse?
Countries were already short on money so putting a charge on trade only made things worse.
What was John c calhouns reaction to the tariff of 1828?
Image courtesy of the Library of Congress John C. Calhoun of South Carolina ... Later that year in response to the tariff, Vice President John C. Calhoun of South ...
What group became the most powerful in Hawaii?
The group that became the most powerful in Hawaii was the American Planters. They favored US annexation because the McKinley Tariff of 1890 eliminated the duty free status of Hawaiian sugar.
What are the effects of the Wilson Gorman tariff 1894?
The first peacetime US income tax.
How did investors fear as a result of the Smoot-Hawley tariff act?
Falling prices of goods is what investors feared would happen because of the Smoot-Hawley Tariff Act.
What did investors fear would happen beause of the Smoot-Hawley Tariff Act?
a decline in prices-apex
What did investors fear would happen because of the Smoot tariff act?
falling prices - Apex
What factor helped to worsen the great depression?
The Smoot-Hawley Tariff act
What did investors fear would happen because of the smooth Hawley tariff act?
Investors feared that the Smooth Hawley Tariff Act, enacted in 1930, would lead to retaliatory tariffs from other countries, escalating a trade war that could further harm the already struggling economy during the Great Depression. The act significantly raised tariffs on imports, which they believed would reduce international trade and negatively impact domestic industries reliant on exports. This protectionist measure was seen as potentially deepening the economic downturn and prolonging the financial crisis.
He signed the highest tariff in us history?
Yes, he did.
How did the hawley -smooth tariff affect the economy?
The tariff hurt trade with other countries.
How did the hawley-smoot tariff affect the economy?
The tariff hurt trade with other countries
What tariff passed in 1930 destroyed all foreign trade?
Smoot-Hawley Tariff
What did investors fear would happen because of the smoot Hawley trariff act?
Investors feared that the Smoot-Hawley Tariff Act, enacted in 1930, would lead to a significant decline in international trade and exacerbate the Great Depression. By imposing high tariffs on imported goods, it was anticipated that retaliatory measures from other countries would follow, further isolating the U.S. economy and stifling growth. This protectionist measure raised concerns about rising prices, reduced consumer demand, and increased unemployment. Ultimately, investors worried that the act would undermine economic recovery efforts and deepen the financial crisis.
How did Smoot Hawley tariff affect the American economy?
The tariff hurt trade with other countries.
How did Smoot-Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
