Regulating Big Business in America

Front

Which act was signed into law to strengthen the Sherman Antitrust Act by closing loopholes and clarifying important terms? Options: The Interstate Commerce Act, The Clayton Antitrust Act, The Fair Labor Standards Act, The Wagner Act

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The Clayton Antitrust Act

Front

Evaluate the effectiveness of the Sherman Antitrust Act based on its initial implementation and subsequent legal challenges. Options: It was highly effective and immediately broke up all monopolies. It was initially ineffective due to unclear wording and weakened by a Supreme Court ruling. It was never intended to be enforced and was purely symbolic. It was effective only in the railroad industry.

Back

It was initially ineffective due to unclear wording and weakened by a Supreme Court ruling.

Front

What was the role of the Interstate Commerce Act of 1887 in the context of government oversight over private business?

Back

It established federal oversight over the railroad industry.