USA HISTORY

Detailed explanation-1: -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. Woodrow Wilson eventually adopted a combination of both approaches.

Detailed explanation-2: -Theodore Roosevelt was called a trustbuster because he brought 44 anti-trust suits during his time in office. Roosevelt used the Sherman Anti-Trust Act of 1890’s powers to break up major industries including the railroads to protect the public’s interest from 1901 to 1909.

Detailed explanation-3: -The Progressive Party was popularly nicknamed the “Bull Moose Party” when Roosevelt boasted that he felt “strong as a bull moose” after losing the Republican nomination in June 1912 at the Chicago convention.