WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
SECOND INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Interstate Commerce Commission
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Sherman Anti-Trust Act
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Roosevelt Anti-Trust Act
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Slayton Anti-Trust Act
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Detailed explanation-1: -The Clayton Antitrust Act was enacted in 1914 to strengthen the Sherman Antitrust Act. It outlaws certain practices not prohibited by the Sherman Act and helps the government stop a monopoly before it develops.
Detailed explanation-2: -Section 2 of the Sherman Act makes it unlawful for any person to “monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations . . . ."
Detailed explanation-3: -Sherman Antitrust Act of 1890 is a federal statute which prohibits activities that restrict interstate commerce and competition in the marketplace. It outlaws any contract, conspiracy, or combination of business interests in restraint of foreign or interstate trade.