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High tariffs create protectionism, shielding a domestic industry's products against foreign competition. High tariffs usually reduce the importation of a given product because the high tariff leads to a high price for the customers of that product. There are two basic types of tariffs imposed by governments on imported goods.
Explanation:
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The Great Depression (1929-1939) was the worst economic downturn in modern history. The preceding decade, known as the “Roaring Twenties,” was a time of relative affluence for many middle- and working-class families. As the economy boomed, new innovations allowed for more leisure time and the creation of a consumer society. But the economic depression that followed those boon years profoundly affected the daily life of American families, in ways large and small.
Answer:
a growth in the steel industry.
Explanation:
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