Birdwatch Note Rating
2025-03-05 03:12:35 UTC - HELPFUL
Rated by Participant: 72F55E1F8E6C231D84B84BFB4E47845E54F7232E356ACEC91BD6AF62002F09DB
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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