1. The Great Depression
... in Europe soon after the American crash in late 1929. (Himmelberg, 8) As the depression spread throughout the world, European markets for American goods fell off, creating even more unemployment in the U.S. The new Smoot-Hawley tariff, more protective than the previous one, passed by the Republican-dominated Congress in 1930, was criticized at the time as responsible for the fall off in American exports ... , and this being a key factor in worsening the depression in America, because it provoked the European governments to raise their own tariffs in ... doors asking for food. Americans o...
- Word Count: 5420
- Approx Pages: 22
- Has Bibliography
- Grade Level: Undergraduate