QQuestionBusiness Law
QuestionBusiness Law
One of the most significant aspects of the Interstate Commerce Act was that it
A. revolutionized the business system.
B. represented the first large-scale attempt by the federal government to regulate business.
C. actually did nothing to control the abuses of big business.
D. failed to prohibit some of the worst abuses of big business, such as pools and rebates.
E. invoked the Constitution's interstate commerce clause.
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Answer
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Step 1Let me solve this multiple-choice question about the Interstate Commerce Act with a detailed explanation.
Step 2: Understand the Historical Context
The Interstate Commerce Act of 1887 was a landmark piece of legislation passed during the Progressive Era. It was specifically designed to address railroad industry practices that were considered unfair and exploitative.
Final Answer
B - The Interstate Commerce Act represented the first large-scale attempt by the federal government to regulate business.
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