USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does Trust-busting mean?
A
end discrimination
B
stop monopolies (restore competition)
C
label ingredients on food and drugs
D
election for political offices
Explanation: 

Detailed explanation-1: -Definitions of trust busting. (law) government activities seeking to dissolve corporate trusts and monopolies (especially under the United States antitrust laws) type of: administration, governance, governing, government, government activity.

Detailed explanation-2: -Theodore Roosevelt is often given credit for launching the era of trustbusting, but he preferred government regulation of monopolies. His successor, William Howard Taft, wanted the courts to break up unlawful monopolies.

Detailed explanation-3: -Terms in this set (5) What is Trust-Busting? It is the act of dissolving a trust using the antitrust laws.

Detailed explanation-4: -Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. The Sherman Anti-trust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts.

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