what problem did the interstate commerce commission have with the railroads?

A. There was difficulty getting illegal practices reported
B. There were too many railroads for the ICC to regulate them efficiently
C. Prices continued to escalate because of regulation
D. The railroads used every legal means to avoid regulation

what was the purpose of the Sherman Antitrust Act?
A. to provide an agency to restore public trust
B. to eliminate any agreement or contract that restrained trade
C. to develop another revenue source for the federal government
D. to promote trade with foreign countries and develop overseas markets

Question

29-10-2018
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what problem did the interstate commerce commission have with the railroads?

A. There was difficulty getting illegal practices reported
B. There were too many railroads for the ICC to regulate them efficiently
C. Prices continued to escalate because of regulation
D. The railroads used every legal means to avoid regulation

what was the purpose of the Sherman Antitrust Act?
A. to provide an agency to restore public trust
B. to eliminate any agreement or contract that restrained trade
C. to develop another revenue source for the federal government
D. to promote trade with foreign countries and develop overseas markets

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carolara carolara · Answer 1 · 2018-11-07T16:57:09+01:00

The correct answer for the first question is option D. The railroads used every legal means to avoid regulation.

The interstate commerce comission had many problems trying to regulate railroad rates because there was resistance from the railroads. They had to go through long legal processes.

The correct answer for the second question is option B. The purpose of the Sherman Antitrust Act was to eliminate any agreement or contract that restrained trade.

It was intended to protect and dissolve monopolies as well as to prevent the creation of future monopolies, because they limited competition. That's why the idea was to support competition and make monopolies and trusts illegal.