Plain English with Derek Thompson cover image

Plain History: The Smoot-Hawley Tariff and the Great Depression

Plain English with Derek Thompson

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Analyzing the Smoot-Hawley Tariff's Role in the Great Depression

This chapter examines the controversial role of the Smoot-Hawley Tariff in the Great Depression, presenting both strong and weak interpretations of its impact. It highlights the tariff's contribution to worsening economic conditions while emphasizing the complexity of the crisis, driven by various factors beyond just trade policy.

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