Birdwatch Note Rating
2025-03-04 12:44:53 UTC - HELPFUL
Rated by Participant: 88C992142937D1FF39420EF7E625DD8263887CA9639CA3A687EF26AB5239F615
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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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