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What did the creation of the interstate commerce commission and the passage of the Sherman antitrust act show?
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What were the provisions of the interstate commerce act?
The three provisions of the Interstate Commerce Act: (1) Directed that railroad rates must be "reasonable and just" (2) Required that railroad companies publish all rates and make financial reports (3) Provided for the creation of the Interstate Commerce Commission, and independent regulatory agency, to investigate alleged abuses and stop them
What were antitrust laws during the progressive era?
they were laws that banned the creation or use of trusts to make larger profits
Why was the sherman antitrust act ineffective?
It was too broad and didn't define restraint of trade or monopoly. After the passage of the Sherman Anti-trust act in 1890, trusts like the Standard Oil Co. just reorganized the trust into an enormous holding company (owned a controlling share of the stock of one or more companies or firms---versus literally owning other businesses.) It did break up a few monopolies, but it really wasn't until 1914 with the passing of the Clayton Anti-trust Act and the creation of the Federal Trade Commission that anti-trust measures really made an impact on monopolies.
How was the the creation of parliament a step toward the creation of democracy in England?
a turd
When was Declaration of the Creation of the USSR created?
Declaration of the Creation of the USSR was created in 1922.
Which of these themes is most directly related to the reason for the creation of the interstate commerce commission?
Economics is most directly related to the reason the Interstate Commerce Commission was created.
The creation of the Interstate Commerce Commission in 1887 was due to?
In 1887, the first regulatory agency, the Interstate Commerce Commission, was created to regulate monopolistic pricing policies of railroads.
What idea led to the creation of the interstate commerce commission the federal trade commission and the food and drug administration?
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What idea led to the creation of interstate commerce commission the federal trade commission and the food and drug administration?
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What idea led to the creation of the interstate commerce commission the federal trade and the food and drug administration?
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What were the provisions of the interstate commerce act?
The three provisions of the Interstate Commerce Act: (1) Directed that railroad rates must be "reasonable and just" (2) Required that railroad companies publish all rates and make financial reports (3) Provided for the creation of the Interstate Commerce Commission, and independent regulatory agency, to investigate alleged abuses and stop them
Who maintains the time zone boundaries in the US?
The U.S. Department of Transportation has been overseeing time zones in the United States since the agency's creation in 1966. Before 1966, the responsibility belonged to the Interstate Commerce Commission.
What did the interstate commerce commission regulate?
The Interstate Commerce Commission (ICC) regulated commercial transportation between the states: railroads, trucking, shipping, air freight; basically it regulated anything that moved goods. It originally started with the growth and development of railroads during the 19th century. The railroads in general were owned by fabulously wealthy investors, since it took a vast amount of capital to lay tracks and purchase the expensive engines and cars, the "high technology" of their day. In return for vast investments, the railroads expected vast profits, and they engaged in all sorts of unsavory tactics that were unfair to their customers. The ICC was established in 1887 following a Supreme Court decision in favor of railroads that ONLY the U.S. government could regulate interstate commerce, another blow against State's Rights. The U.S. Constitution only says the following about interstate commerce, describing the power of Congress: "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes". Everything else that has come after is the result of legislation and court decisions.
What were antitrust laws during the progressive era?
they were laws that banned the creation or use of trusts to make larger profits
How did Roosevelt react to the creation of the Northern Securities Company?
President Roosevelt reacted to the creation of the Northern Securities Company by suing them. He wanted the company to be dissolved and argued that it violated antitrust laws.
What happend during president Dwight's presidency?
He was responsible for the creation of NASA and he created Interstate Highway System
What executive department promotes job creation?
The United States Department of Commerce is the executive department that is tasked with promoting the creation of jobs. The department was created in 1903.
