juniorarriaga012
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  • 13-02-2020
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how did the smoot-hawley affect the American economy​

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rickyperez415
rickyperez415 rickyperez415
  • 13-02-2020

Answer:

The Smoot-Hawley Act is the Tariff Act of 1930. It increased 900 import tariffs by an average of 40% to 48%. Most economists blame it for worsening the Great Depression. ... In June 1930, Smoot-Hawley raised already high U.S. tariffs on foreign agricultural imports.

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