Through the 1920s, Britain's economy was already struggling to pay for the effects of World War I. Then, in 1929, the US stock market crashed. ... The value of British exports halved, plunging its industrial areas into poverty: by the end of 1930, unemployment more than doubled to 20 per cent.
Brainliest please?
Answer: C. protect new industries
Explanation:
Tariffs are charges to imported goods with the double aim of reducing imports and earning more income from them.
In the early days of industrialization, the U.S. lagged behind the more advanced European economies which meant that the Europeans could produce things cheaper than Americans and therefore sell cheaper as well.
Congress therefore believed that to protect new companies that were rising to meet the challenge they had to impose tariffs so that people would stop buying more imports and switch to the goods produced by the new industries.
