It was the "Smoot–Hawley Tariff Act" that was a disaster because when European nations responded with tariffs on American goods global trade plunged by roughly two thirds
<span> from 1929 levels.</span> This was viewed as exacerbating the Great Depression.
Answer:
Smith argued that by giving everyone freedom to produce and exchange goods as they pleased (free trade) and opening the markets up to domestic and foreign competition, people's natural self-interest would promote greater prosperity than with stringent government regulations.
The industrial revolution in Britain affected society, politics and the economy by increasing work output, creating the working class, dividing classes, having women began working, creating area specialization, seeing politics shift to appeal to working class men as they were now the majority of the people and current workers being unable to strike for fear of being replaced by immigrant workers.<span> The population increased dramatically during the industrial revolution as well so cities and infrastructure grew rapidly</span>
9.6 millon! that's a lot!
The Rise of Napoleon, and the creation of the second French Republic
