USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

GILDED AGE POLITICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When first created, the ICC was too weak to regulate the railroads effectively.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -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-2: -Which of the following statements accurately describes the Sherman Anti-Trust Act? Although largely for show, it banned the practice of powerful corporations plotting to establish monopolies or hold back trade in their industries.

Detailed explanation-3: -Congress then passed the Interstate Commerce Act in 1887, which established the right of the federal government to supervise railroad activities and established the Interstate Commerce Commission to enforce the law, in response to public outrage.

Detailed explanation-4: -What was the main purpose of the Interstate Commerce Act of 1887? The Interstate Commerce Act was created to limit the monopolistic practices of the railroad industry.

There is 1 question to complete.