Question

In an effort to get out of its economic worries, Great Britain did two things that instead proved economically fatal. What were they? Select all that apply. lowered tariffs raised taxes stopped exports raised tariffs

Answer 1

Great Britain raised Tariffs in attempt to get out of it's economical worries.

Answer 2

The correct answers are "raised tariffs" and "raised taxes".

Because of the Great Depression, the government was eager to recover economically and set these two things as a manner to do so. But instead, the purchasing power has diminished and many entrepreneurs felt discouraged to start a business and beget more job opportunities for the population.