1. What was the role of the use of credit in creating the Great Depression? 2. What was the role of The Federal Reserve in creating the Great Depression? 3. What is a tariff? (you may need to do additional research for the answer) 4. How did the Smoot-Hawley Tariff contribute to extending or prolonging the Great Depression? 5. Keeping in mind that taxes pay for government services, how did federal, state, and local governments increase the effects of the Great Depression?
1. What was the role of the use of credit in creating the Great Depression? 2. What was the role of The Federal Reserve in creating the Great Depression? 3. What is a tariff? (you may need to do additional research for the answer) 4. How did the Smoot-Hawley Tariff contribute to extending or prolonging the Great Depression? 5. Keeping in mind that taxes pay for government services, how did federal, state, and local governments increase the effects of the Great Depression?
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