High tariff on imported goods that hurt international trade and worsened the Depression.

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Study for the U.S. Immigration, Labor, and Political Movements Test of the late 1800s to early 1900s. Learn with comprehensive questions and detailed explanations. Master your exam preparation!

Multiple Choice

High tariff on imported goods that hurt international trade and worsened the Depression.

Explanation:
The main idea here is protectionism and its consequences for the global economy during the early Depression era. The policy in question—the Smoot-Hawley Tariff Act of 1930—raised duties on thousands of imported goods with the aim of shielding American industries. But higher tariffs provoked retaliatory tariffs from other countries and drastically reduced international trade. With fewer markets for exports, prices for agricultural and manufactured goods fell, unemployment rose, and the Depression worsened. Other measures listed focused on stabilizing banks or pursuing broader economic reforms rather than trade restrictions, so they don’t fit the description of a tariff policy that hurt international trade.

The main idea here is protectionism and its consequences for the global economy during the early Depression era. The policy in question—the Smoot-Hawley Tariff Act of 1930—raised duties on thousands of imported goods with the aim of shielding American industries. But higher tariffs provoked retaliatory tariffs from other countries and drastically reduced international trade. With fewer markets for exports, prices for agricultural and manufactured goods fell, unemployment rose, and the Depression worsened.

Other measures listed focused on stabilizing banks or pursuing broader economic reforms rather than trade restrictions, so they don’t fit the description of a tariff policy that hurt international trade.

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