USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why did the federal government attempt to put limits on corporations’ powers?
A
to prevent corporations from becoming more powerful than the government
B
to fight the state courts, which usually sided with business interests
C
to attempt to protect consumers and competitive practices
D
to avoid having its constitutional rights threatened
Explanation: 

Detailed explanation-1: -The regulatory role of the government involves formulating and implementing various direct and indirect measures to monitor and regulate the economic activities of the private sector.

Detailed explanation-2: -A government corporation is owned by the state and created to perform a commercial function intended for public benefit. On the other hand, a private corporation is owned by private individuals created mostly for to generate monetary profits.

Detailed explanation-3: -Approved on February 4, 1887, the Interstate Commerce Act created an Interstate Commerce Commission to oversee the conduct of the railroad industry. With this act, the railroads became the first industry subject to Federal regulation.

Detailed explanation-4: -Which of these is the defining characteristic of a federal system of government? Elected representatives make decisions for the nation.

There is 1 question to complete.