THE ROARING 20S 1920 1929
AMERICAN POLITICS IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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helped to end child labor in factories
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attempted to correct abusive business practices
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advanced laissez-faire economic principles
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increased wages for factory workers
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Detailed explanation-1: -The newly created Federal Trade Commission enforced the Clayton Antitrust Act and prevented unfair methods of competition. Aside from banning the practices of price discrimination and anti-competitive mergers, the new law also declared strikes, boycotts, and labor unions legal under federal law.
Detailed explanation-2: -Key Takeaways. The Clayton Antitrust Act of 1914 continues to regulate U.S. business practices today. Intended to strengthen earlier antitrust legislation, the act prohibits anti-competitive mergers, predatory and discriminatory pricing, and other forms of unethical corporate behavior.
Detailed explanation-3: -The Clayton Antitrust Act is an antitrust law in the United States codified in 1914. It prevented trade practices that were unfair and harmful to the competitiveness of markets in their infancy. Henry De Lamar Clayton was behind drafting this act, and it came into being under the presidency of Woodrow.
Detailed explanation-4: -The Sherman Antitrust Act was amended by the Clayton Antitrust Act in 1914, which addressed specific practices that the Sherman Act did not ban. It also closed loopholes that the Sherman Act established, including those that dealt specifically with anti-competitive mergers, monopolies, and price discrimination.