Birdwatch Note Rating
2025-03-04 19:28:45 UTC - HELPFUL
Rated by Participant: E3100CF69592DF566C070D890A42AA1E5858EF47D23A78CF09FD0851D3C1CF5E
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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