jadennog1011 jadennog1011

14-05-2024
Social Studies

Answered

x In the early 1920s, Congress passed a law that applied taxed to foreign made goods. What was the name of this
act?
A
Harding's Tariff
B Smoot-Hawley Tariff
C
Tariff of Abominations
D Fordney-McCumber Tariff

Answer :

GinnyAnswer GinnyAnswer

14-05-2024

Final answer:

The Smoot-Hawley Tariff Act was the legislation passed in the early 1920s by Congress to tax foreign-made goods, impacting international trade and contributing to economic challenges during the Great Depression.

Explanation:

The name of the act passed by Congress in the early 1920s that applied taxes to foreign-made goods was the Smoot-Hawley Tariff Act of 1930. This act significantly raised tariffs on imported products in an attempt to boost domestic production but backfired by triggering retaliatory tariffs from other countries and contributing to a global economic downturn known as the Great Depression.

Learn more about Smoot-Hawley Tariff Act here:

https://brainly.com/question/30308966

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