the changing political environment

Question 1

what is a tariff

Answer 1

taxes which are put on goods going into, or out of, a country to encourage or discourage trading abroad

Question 2

what was the Great Depression Depression?

Answer 2

the economic collapse that hit the USA in 1929

Question 3

what is meant by the term laissez faire?

Answer 3

its French for ‘leave well alone’, this policy was introduced by Woodrow, and it was instated to decrease government interference: for example, not regulating business and not providing for the poor