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The protectionism of the 1930s involved high tariffs being placed on imported goods by many countries in Europe, and the USA. This was mainly because of the Great Depression, which caused USA's loans to other European countries to dry out. Instead, the USA began demanding for the repayment of these loans. As a result, many countries recoiled and began to encourage people to buy local products, through high tax rates on imported goods and making it much more unaffordable as compared to local goods.
What else can I help you with?
Did women do in the 1930s?
there were no women
Was Jackie Robinson born in the 1930s?
No, Jackie Robinson was not born in the 1930s, he was born in 1919, January 31, 1919.
How much did a house cost in the 1930s?
In the 1930s the average cost for a new home in the United States was $7,145.
Did butter exist in the 1930s?
Yes - butter existed long before the 1930s - it was present long before the middle ages.
Weather in the 1930s?
Dust bowl
What are pros and cons of protectionism?
Protectionism is bad mmkay.
Who get hurt from protectionism?
No one... It's PROTECTionism! Idiot!
What is Neo-Protectionism?
Neo-protectionism is a challenge to some other neons out there
What is Neo Protectionism?
Neo-protectionism is a challenge to some other neons out there
What is the government's standpoint on trade and protectionism?
government's standpoint on trade and protectionism is that he allows free trade
What is S.A government standpoint on trade and protectionism?
government's standpoint on trade and protectionism is that he allows free trade
What is the SA government standpoint on trade and protectionism?
government's standpoint on trade and protectionism is that he allows free trade
What was the federal governments immediate response to the economic crisis of the 1930s?
The federal government did not have an "immediate" response. It did introduce protectionism, in which they add tariffs, or taxes on foreign imports, so that Canadians would by Canadian products, thus stabilizing the economy. This action was a replication of what the U.S did.
The existence of barriers to free-flowing trade?
Protectionism
What is safeguarding local products from competition called?
Protectionism
What do you call a tax placed on exports and import?
Protectionism.
What has the author Hsiang-Jung Chiu written?
Hsiang-Jung Chiu has written: 'The protectionism of the U.S. economy' -- subject(s): Commercial policy, Free trade, Protectionism
