Birdwatch Note Rating
2025-03-04 14:45:55 UTC - HELPFUL
Rated by Participant: 5591DDDEB17B04C14CDF241A9615FB8BA631777750A17B1D9CEC9A5E8EC42E9F
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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