USA HISTORY

THE PROGRESSIVE ERA 1900 1917

THEODORE ROOSEVELT THE PROGRESSIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The purpose of the Interstate Commerce Act (1887), the Sherman Antitrust Act (1890), and the Clayton Antitrust Act (1914) was to
A
eliminate unfair business practices
B
reduce imports from foreign nations
C
reduce the power of the unions
D
increase the power of local governments
Explanation: 

Detailed explanation-1: -Key Takeaways. The Sherman Antitrust Act is a law the U.S. Congress passed to prohibit trusts, monopolies, and cartels. Its purpose was to promote economic fairness and competitiveness and to regulate interstate commerce.

Detailed explanation-2: -Yet for over 100 years, the antitrust laws have had the same basic objective: to protect the process of competition for the benefit of consumers, making sure there are strong incentives for businesses to operate efficiently, keep prices down, and keep quality up.

Detailed explanation-3: -The Interstate Commerce Act addressed the problem of railroad monopolies by setting guidelines for how the railroads could do business. The act became law with the support of both major political parties and pressure groups from all regions of the country.

Detailed explanation-4: –The major purpose of the Sherman Antitrust Act was to prohibit monopolies and sustain competition so as to protect companies from each other and to protect consumers from unfair business practices.

There is 1 question to complete.