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roosevelt's response
in response to the economic trend...
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History, 06.11.2019 23:31 wsdafvbhjkl
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roosevelt's response
in response to the economic trends triggered by the great depression and the hawley-smoot tariff act, president
roosevelt signed the reciprocal trade agreements act.
what was the main purpose of this act?
it banned tariffs within the united states for ten years.
it was designed to promote consumer spending through decreased taxes.
it allowed the us government to work with other countries to reduce tariffs,
it increased tariffs to boost protectionism.
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