USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

ROBBER BARONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What nickname did Roosevelt get after breaking up monopolies with the Sherman Anti-Trust Act?
A
Trustbuster
B
Monopolybuster
C
Theodore Roosevelt Destroyer of Trusts
D
Slayer of trusts and eradicator of monopolies
Explanation: 

Detailed explanation-1: -Roosevelt, a Republican, confronted the bitter struggle between management and labor head-on and became known as the great “trust buster” for his strenuous efforts to break up industrial combinations under the Sherman Antitrust Act.

Detailed explanation-2: -Roosevelt told Congress he opposed banning monopolies. Instead, he preferred that the federal government “assume power of supervision and regulation over all corporations doing an interstate business."

Detailed explanation-3: -Teddy Roosevelt (not Ned Flanders) leading the charge against trusts in a cartoon from 1899. Teddy Roosevelt was one American who believed a revolution was coming. He believed Wall Street financiers and powerful trust titans to be acting foolishly.

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