American Anti-Trust Laws Quiz

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Questions and Answers

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?

  • 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?

  • 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?

<p>Building massive monopolies and hurting them (A)</p> Signup and view all the answers

What was the impact of the Sherman Antitrust Act ruling in 1895?

<p>It allowed the merging of manufacturing assets but regulated sales from interstate (B)</p> Signup and view all the answers

What was President Roosevelt's view on extreme monopolies like Standard Oil?

<p>He believed they were harmful to the US (C)</p> Signup and view all the answers

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