Reforming Business

Question 1

What did the Interstate Commerce Act ban in 1887?

Revolt · Accepted Answer

railroad pools

Question 2

How were the provisions of the Interstate Commerce Act and the Sherman Antitrust Act similar?

Revolt · Accepted Answer

They both banned pools or trusts.

Question 3

Protests in the late 1800s by what group led to some state laws that attempted but ultimately failed to reform railroad practices?

Revolt · Accepted Answer

farmers

Question 4

Many opponents of the Sherman Antitrust Act supported laissez-faire policies. What was one of the key ideas of laissez-faire?

Revolt · Accepted Answer

Government regulation made goods more costly.

Question 5

During the Gilded Age, reform laws regarding the government regulation of business were

Revolt · Accepted Answer

somewhat effective.

Question 6

What did the Sherman Antitrust Act make illegal in 1890?

Revolt · Accepted Answer

trusts and monopolies

Question 7

According to the key provisions of the Sherman Antitrust Act, trusts and monopolies were:

Revolt · Accepted Answer

illegal and could be broken up.

Question 8

In 1887, Congress established a commission to regulate the railroads by passing

Revolt · Accepted Answer

the Interstate Commerce Act.

Question 9

How did the railroads react to state governments’ legislation during the Gilded Age?

Revolt · Accepted Answer

Railroad companies challenged the new laws in the courts.

Question 10

In the late 1800s, the first state government reform legislation regarding railroad practices addressed

Revolt · Accepted Answer

rates for shipping and storing grain.

Reforming Business Answers