Explain How American Tariff Policy and Policy on War Debts

question 90

Essay

Explain how American tariff policy and policy on war debts and reparations contributed to deepening the Great Depression,even if they did not cause it.Why were Americans so generally indifferent to the effects of their policies on Europe during these years?

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Definitions:

Human Nature

The inherent characteristics, behaviors, and traits shared by all humans.

Empirical Research

The process of collecting and analyzing data through observation and experimentation to gain knowledge or prove theories.

Behavioural Approach

A psychological perspective focusing on observable behaviors and how they're learned through interaction with the environment.

Cognitive Approach

A psychological perspective that emphasizes the importance of internal mental processes in understanding human behavior.