1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inysia [295]
3 years ago
5

How did protective tariffs such as hawley-Smoot affect the cycle of depression shown in the diagram

History
1 answer:
Andrei [34K]3 years ago
3 0
Without you providing us with the diagram, I can still offer you some thought about the effect of the Smoot-Hawley Act and protective tariffs.  Sponsored by Senator Reed Smoot and Congressman Willis Hawley, the intent of their tariff act was to protect American jobs during the economic crisis of the Depression. However, when the US imposed protective tariffs, other nations retaliated with tariffs of their own.  Thus American exports and imports were cut in half and the Depression grew worse, not better.

We should note this too:  While economists agree that Smoot-Hawley worsened the Depression, how large of a factor it was is a matter that economists debate.  Some say the tariffs played a minor role compared to other aggravating factors of the Depression.  However, the Foundation for Economic Education asserts that the economists who want to minimize the role of the Tariff Act are wrong to do so.  Underestimating the negative impact of protective tariffs can be very dangerous economically -- then and now.
You might be interested in
Which group did the tang ultimately call upon to help put down the rebellion of an lushan?
Alexeev081 [22]
The Tang Dynasty of China when faced with rebellion from General An Lushan in their northern territories sought outside support from mercenary forces. This was done a number of times during the rebellion, these mercenaries were typically Arab, however, we also have examples of soldiers brought from Uighur to fight with the Tang and numbered in the thousands in the fight against Lushan's forces. 

With the help of mercenary forces, the Tang were able to take back several important capital cities of China and effectively eliminated the rebellion of Lushan, as well as his later supporters and successors. 
8 0
2 years ago
Toward the end of the Civil War, how did General Grant affect Southern civilians?
klasskru [66]
B is the correct answer
3 0
2 years ago
Read 2 more answers
Why was China not controlled by dynastic rulers for a period during the third century before the common era
kakasveta [241]
From at least 1766BCE to the twentieth century of the Common Era, China was ruled by dynasties. A dynasty is a family that passes control from one generation to the next. A dynasty does not have to last for a long
time. One Chinese
dynasty lasted
more than 800
years while
another lasted
only fifteen years.
5 0
2 years ago
What motivations and justifications explain U.S. expansion between the Civil War and World War I?
Naddika [18.5K]

After the declaration of independence, the United States did not stop growing. Immigration was incessant at the same time that the discovery of gold, the territorial annexation and the relatively easy access to the land made possible an advance towards the west. The population expanded throughout the territory: the waterways also contributed to this.

At the beginning of the 19th century, what in the history of the United States is known as the "march towards the west, the colonization of the agricultural Midwest by the so-called farmers who were family production units but who were absolutely involved in a capitalist economy, that is, that they were specialized producers that produced for the market.

6 0
2 years ago
Define price elasticity of demand. Explain the difference between elastic demand and inelastic demand.
lina2011 [118]

<em>Price Elasticity of demand </em>is the difference in quantity demanded compared to difference in price. <em>Elastic demand</em> is given change in price causes relatively larger change in the quantity demanded. <em>Non-Elastic demand</em> is given change in price causes relatively smaller change in the quantity demanded.

<em>One can have a strong effect on the demand curve while the other has a lesser effect!</em>

8 0
3 years ago
Other questions:
  • Who was in charge of reconstruction after the civil war
    5·1 answer
  • How did Americans react to the end of the Cold War?
    11·1 answer
  • Under what circumstances is a warrant not needed?
    7·1 answer
  • The Neolithic Revolution was the domestication of __________ and __________.
    6·1 answer
  • Explain ways the plow revolutionized farming and increased production.?
    14·2 answers
  • Which statement accurately describes cells
    9·1 answer
  • What was one of the organizations that Fannie Lou Hamer helped start?
    6·1 answer
  • Why do you think it’s important to investigate the collapse of lost worlds (ancient civilizations)
    14·1 answer
  • What was the Jewish Diaspora?
    10·2 answers
  • Which region of Texas has industries such as lumber, fishing, and numerous<br> shipping ports?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!