In an effort to get out of its economic worries, Great Britain did two things that instead proved economically fatal. What were they? Select all that apply.

the correct answers are "raised tariffs" and "raised taxes.

Because of the Great Depression, the government was eager to recover economically and set these two things as a manner to do so. But instead, the purchasing power has diminished and many entrepreneurs felt discouraged to start a business and beget more job opportunities for the population.

a) Increased Taxes

b) Tariffs

Tariffs are taxes, which form a wedge between the price spent by buyers of imported goods and the one foreign sellers get. Narrow tariffs directed at particular products, such as cars, push consumers towards home-made goods and aside from imports, they might otherwise prefer. (Broader tariffs including a large share of imports are more complex, as exchange rates can move to offset some of their effects.