Question

tariffs and the great depression
tariffs are a tax placed on imported goods.
tariffs are used to give domestically produced goods > in the market
as a result of tariffs, imported goods become > a disadvantage an advantage to consumers
willis c. hawley and reed smoot, the politicians for whom the hawley - smoot tariff act was named
the stock market crash
the stock market crash of october 1929 marked the beginning of the greatest economic crisis in american history. a decade of robust economic growth and prosperity hid underlying weaknesses in the economy, reckless speculation in the stock market, stagnation in the agricultural sector, rising debt, and the failure of the federal reserve to tighten credit to reduce risk. when the bottom fell out of the american economy, it seemed to the rest of the

Explanation:

For the first blank (after "Tariffs are used to give domestically produced goods > in the market"), the purpose of tariffs is to make domestic goods more competitive, so the correct option is "an advantage". For the second blank (after "As a result of tariffs, imported goods become > for consumers"), tariffs increase the cost of imported goods, making them less favorable (a disadvantage) for consumers.

Answer:

First blank: an advantage
Second blank: a disadvantage