Causes and End to the Great Depression
History Havoc
NOVEMBER 25, 2022
Governments responded by raising taxes, including an income tax doubling in 1932 as tax revenues continued to plumet. 1] In 1930, the US government did not do the economy a favor when it passed the Smoot-Hawley Tariff Act. A Look at the 1920s,” The Journal of Economic History 76, no. 2 (June 2016): 478-479. [4]
Let's personalize your content