USA HISTORY

Detailed explanation-1: -President Theodore Roosevelt was known as the “Trust Buster President” because he encouraged many trust busting policies. One policy was the Sherman Anti-Trust Act that authorized the U.S. government to break up any corporate trust that prevented or deterred competition in the marketplace.

Detailed explanation-2: -Theodore Roosevelt is often given credit for launching the era of trustbusting, but he preferred government regulation of monopolies.

Detailed explanation-3: -This was the core of Theodore Roosevelt’s leadership. He boiled everything down to a case of right versus wrong and good versus bad. If a trust controlled an entire industry but provided good service at reasonable rates, it was a “good” trust to be left alone.

Detailed explanation-4: -Progressives advocated legislation that would break up these trusts, known as “trust busting.” One example of trust busting at the national level was the Sherman Anti-Trust Act, passed in 1890. The federal government could use this law to attack corporations whose business interests crossed over state lines.

Detailed explanation-5: -The presidents most associated with the Progressive Era are Theodore Roosevelt, William Taft, and Woodrow Wilson. During the times these guys held office, trusts were busted, national parks were founded, social programs were enacted, and tariffs were lowered.