Final answer:
The Smoot-Hawley Act raised tariffs on imports, sparking retaliatory measures and damaging global trade during the Great Depression.
Explanation:
The Smoot-Hawley Act, also known as the Smoot-Hawley Tariff Act of 1930, significantly increased tariffs on products imported into the United States. This led to a chain reaction of retaliatory actions by other countries, culminating in a substantial reduction in world trade and exacerbating the Great Depression. The Act is widely criticized for its contribution to the global economic downturn during the 1930s.
Learn more about Smoot-Hawley Act and its impact on global trade here:
https://brainly.com/question/31997135
