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How did the Smoot-Hawley Tariff Act contribute to the Great Depression?

Foreign countries refused to buy American goods due to its passage.
Higher income taxes made it harder for families to buy goods.
Fewer Americans bought domestic goods due to increased cost.
Successful American businesses forced foreign businesses to close.​

User Beamer
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2 Answers

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Answer:

A) Foreign countries refused to buy American goods due to its passage.

Step-by-step explanation:

Edge2020

User TechArcSri
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The correct answer is A) Foreign countries refused to buy American goods due to its passage.

The Smoot-Hawley Tariff Act contributed to the Great Depression in that Foreign countries refused to buy American goods due to its passage.

This act was best known as the Tariff Act of 1930. Ii imposed considerable tariffs over imports. Obviously, US former trading partners and foreign countries imposed similar actions over the US products as retaliation measures. That is why the US products couldn't be exported, affecting more the already struggling US economy.

The act had been signed by US President Herbert Hoover in June 1930.

User Ebdr
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