Podcast
Questions and Answers
Why did the American people support anti trust laws?
Why did the American people support anti trust laws?
- They thought trusts were promoting fair competition
- They believed trusts were helping to distribute wealth equally among the population
- They believed trusts were building massive monopolies and hurting the railroads (correct)
- They wanted to create more monopolies for the benefit of a few Americans
Why was the Sherman Antitrust Act in the 1890s considered unsuccessful?
Why was the Sherman Antitrust Act in the 1890s considered unsuccessful?
- It had no impact on the economy
- It effectively regulated sales from interstate, contrary to its original purpose (correct)
- It successfully prevented the formation of monopolies
- It promoted fair competition and economic growth
How did President Roosevelt's view on monopolies differ from President Taft's?
How did President Roosevelt's view on monopolies differ from President Taft's?
- Roosevelt took a regulator point of view, while Taft opposed regulations on monopolies
- Roosevelt believed all monopolies were harmful, while Taft believed some were beneficial (correct)
- Roosevelt and Taft had similar views on trust-busting and regulations
- Roosevelt supported the formation of extreme monopolies, while Taft opposed all monopolies
What did the American people believe trusts were doing to the railroads?
What did the American people believe trusts were doing to the railroads?
What was the impact of the Sherman Antitrust Act ruling in 1895?
What was the impact of the Sherman Antitrust Act ruling in 1895?
What was President Roosevelt's view on extreme monopolies like Standard Oil?
What was President Roosevelt's view on extreme monopolies like Standard Oil?
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