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History, 30.11.2020 22:10 kyleigh85

How did the Hawley-Smoot Tariff help spread the Depression overseas? The Hawley-Smoot Tariff caused bank depositors to withdraw money in sustained "runs." The Hawley-Smoot Tariff caused other countries to retaliate, so markets for American goods dried up. The Hawley-Smoot Tariff caused American investors to lose confidence in the stock market. The Hawley-Smoot Tariff lowered prices of foreign goods in the American market, so American businesses couldn't compete.

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How did the Hawley-Smoot Tariff help spread the Depression overseas? The Hawley-Smoot Tariff caused...
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