The Hawley-Smoot Tariff of 1930

question 14

Multiple Choice

The Hawley-Smoot Tariff of 1930,

• A) was welcomed by Britain and France.
• B) stalled Adolf Hitler's rise to power in Germany.
• C) reversed American economic isolationism.
• D) ended the decline in farm prices.
• E) deepened the worldwide depression.

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Definitions:

Charity

The act of giving help, typically in the form of money, to those in need.

Egotistical Altruism

A form of altruism driven by self-benefit, where helping others is also seen as indirectly beneficial to oneself.

Psychological Egoism

The theory that suggests individuals are always motivated by self-interest, even in what seem to be acts of altruism.

Ethical Hedonism

A philosophy that suggests the pursuit of pleasure and the avoidance of pain are the only components of a good and ethical life.