WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Civil Service Commission
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Interstate Commerce
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Sherman Antitrust
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Recall Commission
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Detailed explanation-1: -That law limited railroads to rates that were “reasonable and just, ” forbade rebates to high-volume users, and made it illegal to charge higher rates for shorter hauls. To hear evidence and render decisions on individual cases, the act created the Interstate Commerce Commission.
Detailed explanation-2: -The Federal Trade Commission (FTC) was established by the Federal Trade Commission Act of 1914, which gave the FTC powers-judicial, legislative, and executive-to administer the Sherman and Clayton acts.
Detailed explanation-3: -The Commerce Clause also permits Congress to regulate wholly local, intrastate economic activities that in the aggregate “substantially affect” interstate commerce. . . .
Detailed explanation-4: -The ICC, the first regulatory commission in U.S. history, was established as a result of mounting public indignation in the 1880s against railroad malpractices and abuses. The ICC’s jurisdiction was gradually extended beyond railroads to all common carriers except airplanes by 1940.
Detailed explanation-5: -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.