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Theodore Roosevelt used the Sherman Antitrust Act to regulate the growth of trusts, viewing them as monopolistic entities that threatened fair competition and consumer protection. His administration actively pursued legal action against major corporations, most notably the Northern Securities Company, which led to a landmark Supreme Court case in 1904. Roosevelt's efforts established the precedent for federal intervention in corporate practices, promoting a more balanced economic environment while earning him the nickname "Trust Buster." His approach emphasized the need for regulation rather than outright dismantling of large corporations, fostering a system of responsible capitalism.
What else can I help you with?
President T Roosevelt believed that the federal government should adopt a policy of what in regard to trusts?
Roosevelt held the position that the government should be able to regulate trusts. Theodore Roosevelt was the 26th U.S. President.
What was Theodore Roosevelt reform goal?
to get rid of "bad" trusts and keep "good" trusts
President who favored regulation of business and prosecution of trusts?
Theodore Roosevelt
To what extent did the role of the federal government change under president Theodore Roosevelt regarding labor?
Trusts changed during President Theodore Roosevelt's presidency. It was called Roosevelt's Square Deal policy and it attempted to balance trusts and public control.
Why was Theodore Roosevelt known as a trust buster?
Theodore Roosevelt worked to get laws passed that outlawed large trusts and broke up monopolies in business.
What did Theodore Roosevelt obtain against trusts and what was his nickname as a result?
Roosevelt obtained indictments and i can't remember the nickname from it.
Who was the first president to take real action against trusts and monopolies?
Theodore Roosevelt
What president believed only bad trusts should be broken up?
Theodore Roosevelt
Good trusts and bad trusts Theodore Roosevelt?
"good trusts" - ones that consolidate industries to be internationally competitive, or offer good prices "bad trusts" - ones that reduce competition and drive up prices
How many trusts did teddy bust?
Theodore Roosevelt filed suits against 44 trusts during his 7 1/2 years as president
What president broke up the most trusts?
Theodore Roosevelt called the trust buster because of his efforts to break up trusts and outlaw business monopolies.
What progressive president was successful in trust busting and why?
The progressive president who was successful in trust busting was Theodore Roosevelt. He used the Sherman Antitrust Act to aggressively pursue and break up monopolistic trusts, most notably targeting the beef, oil, and railroad industries. Roosevelt believed that monopolies and trusts stifled competition and limited consumer choice, and his efforts helped restore a more level playing field in the economy.
