QUESTION IMAGE
Question
item set- president hoover’s response to the great depression
source 1
herbert hoover,
ugged individualism\ campaign speech, 1928
we were challenged with a peacetime choice between the american system of rugged individualism and a european philosophy of diametrically opposed doctrines—doctrines of paternalism and state socialism. the acceptance of these ideas would have meant the destruction of self - government through centralization of government. it would have meant the undermining of the individual initiative and enterprise through which our people have grown to unparalleled greatness.
our country has become the land of opportunity to those born without inheritance, not merely because of the wealth of its resources and industry but because of this freedom of initiative and enterprise
source 2
image
c to raise import taxes to protect american businesses
d to lower import taxes to encourage international trade
part b: using source 3, what was an effect of the hawley - smoot tariff?
a it had little effect on the u.s. economy
b it quickly ended the economic downturn
c it improved relationships with other countries
d it worsened economic conditions by reducing trade
drag the correct answer in the chart which explain the government response to the bonus army and effects.
For Part B (effect of Hawley - Smoot Tariff): The Hawley - Smoot Tariff raised import taxes. Other countries retaliated by raising their own tariffs, which reduced international trade. This reduction in trade worsened the economic conditions during the Great Depression. Option A is wrong as it had a significant effect. Option B is wrong as it didn't end the downturn. Option C is wrong as it damaged international relations. So the correct option is D.
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D. It worsened economic conditions by reducing trade