Birdwatch Note Rating
2025-03-05 03:04:38 UTC - HELPFUL
Rated by Participant: 1363EE805A17C11AAC0B7B2201A72C95986B496486B1246B5E724BCE304AD3EA
Participant Details
Original Note:
While US tariffs in the 1920s were one factor in the Great Depression, they did not cause Black Friday in 1929. OP’s 1930 assertion about tariffs likely references Hawley-Smoot. This accelerated inflation & slowed international trade. Made things worse, but not the “trigger.” https://www.britannica.com/topic/Smoot-Hawley-Tariff-Act
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