1. The Great Depression
... ". The Great Depression began in the U.S. but quickly turned into a worldwide economic slump due to the special and intimate relationships that had been forged between the U.S. and European economies after WWI. Almost all nations sought to protect their domestic production by imposing tariffs, raising existing ones, and setting quotas on foreign imports. One of these tariffs, passed by Hoover, was the Hawley-Smoot Tariff Act. In 1930, congress ... food provided by charitable organizations or public agencies, became a common sight. By 1931, unemployment reached 13.5 million -- almost one ...
- Word Count: 1548
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School