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The Interstate Commerce Act of 1887 is a federal law regulating the railroad industry. It was meant to eliminate the monopoly that railroad companies had on transportation of people and goods.

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sherman antitrust act

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Interstate Commerce Act

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Q: What government act was put in place to regulate railroad activity between states?
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What authorizes congress to regulate all commercial interactions between the states?

No, they do not. The Federal Government alone has the power to tax and regulate conmmerce.


Market activity differs from government activity because?

Markets provide a direct link between benefits and costs.


Who has the power that shall extend to controversies between two or more states?

The "interstate commerce clause" gives the federal government the power to regulate disputes between the states.


What was the us governments role in the building of the transcontinental railroad?

The government provided incentives for the construction of the railroad. This was done by offering a certain amount of land for every mile of rail built. The government's incentive worked, because it caused fierce competition between the two building companies.


What are the difference between statutory and regulatory?

Statutory refers to laws passed by the state of federal government. Regulatory means a rule issued by some agency that the government has given authority to regulate an industry.


What body of government has the power to regulate trade?

The Constitution vested Congress with the authority to regulate trade with other nations, between the states, and with Native American Tribes in the Interstate Commerce Clause (Article I, Section 8, Clause 3).


Why did the government send the military to protect the railroad workers?

to guard against spontaneous outbreaks in numerous cities of violence against railroads and the bitter antagonism between workers and the leaders of industry, Great Railroad Strike of 1877.


Which issue caused the greatest argument between progressives and conservatives during the late 1800s and early 1900s?

Whether or not government should regulate businesses.


The railroad between Illinois and Atlantic avenues?

B&O Railroad


Between 1865 and 1900 how did the government contribute to the growth of corporations?

The contribution of the government towards the growth of corporations led to rapid industrial growth. Railroad construction, transcontinental railroad construction, liberal loans to private promoters, land grants towards building railroads were all the steps taken.


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What Amendment addressed the power balance between the national government and states?

The tenth amendment gives power to the states that is not expressly given to the federal government. The federal government reserves the right to collect taxes, declare war, and regulate interstate commerce.