WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Interstate Commerece Act
|
|
Dawes Act
|
|
Transcontiental Act
|
|
Laizzez Faire
|
Detailed explanation-1: -The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.
Detailed explanation-2: -The railroad network made it much easier, much faster, and much less expensive to travel around the country. This increased the communication between residents of different regions, helping unify the social and political discourse of the U.S. Railroads also helped people migrate.
Detailed explanation-3: -The national government began regulating business in the late 1800s in order to eliminate monopolies, businesses or groups that have exclusive control of an industry.
Detailed explanation-4: -On February 4, 1887, both the Senate and House passed the Interstate Commerce Act, which applied the Constitution’s “Commerce Clause”-granting Congress the power “to Regulate Commerce with foreign Nations, and among the several States”-to regulating railroad rates.
Detailed explanation-5: -Congress passed the law largely in response to decades of public demand that railroad operations be regulated. The act also established a five-member enforcement board known as the Interstate Commerce Commission. In the years following the Civil War, railroads were privately owned and entirely unregulated.