Reforming Business and Industry in the Progressive Era

Question 5 • [HSSUS] US History, Sem 1 (26-27)

In what way was the Sherman Antitrust Act successful?

Answer

It helped Ida Tarbell’s father keep his company operational in the face of competition.

It allowed the government to break up the trust arrangement that the Standard Oil company had.

It gave Theodore Roosevelt a way to negotiate better business deals with the railroad companies.

It allowed businesses to operate with little government regulation, which increased profits.

Explanation

The Sherman Antitrust Act was designed to limit monopolies and business combinations that restrained competition. The government used it to challenge Standard Oil’s trust, and the Supreme Court ordered the company broken up in 1911. This makes B correct; the act did not simply let businesses avoid government regulation, as D suggests.

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