29644
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Trade Barriers

Question 29644 • GA-GSE Personal Finance and Economics

The Hawley-Smoot Tariff Act passed in January [___]. The act was passed by Congress [___] the start of the Great Depression.The purpose of the act was to [___] purchases of domestic goods.

Answer
A
1929
B
1930
C
1931

Explanation

The Hawley-Smoot Tariff Act was passed in 1930. The Great Depression began in 1929, so Congress passed the act after the Depression had begun. Its purpose was to encourage people to buy more domestic goods.

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