Primary Source D Excerpt, Sherman Antitrust Act (1890 CE) Antitrust Act (1890 CE)to a single set of trustees. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress prohibit trusts. stees. is an arrangement by which stockholders in several companies transference The Sherman Antitrust Act was based on the everal constional power of Canada to regularajor industries, destroying competition. An act to protect trade and commerce against unlawful restraints and monopolies Ibusinesses that buy out all of their competition). Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, __ Sec. 1. Every contract,combination in the form of trust or other-wise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal... Sec. 2. Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States or with oreign nations, shall be deemed guilty of a misdemeanor __ Sec. 3. Every contract,combination in form of trust or otherwise, or conspiracy, in restraint of trade or commerce in any Territory of the United States or of the District of Columbia __ or with foreign nations __ is hereby declared illegal. __ Sec. 6. Any property owned under any contract or by any combination or pursuant to any conspiracy __ mentioned in section one of this act. __ shall be forfeited to the United States and may be seized and condemned __ Document Based Questions 1. Using your social studies knowledge and the source, what claims can be made about the government's role in regulating the economy? 2. Using your social studies knowledge and the source what counterclaims can be made about the government's role in regulating the economy? How does the regulation of trusts reflect the government's role in domestic affairs?

Problemas

Primary Source D Excerpt, Sherman Antitrust Act (1890 CE) Antitrust Act (1890 CE)to a single set of trustees. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress prohibit trusts. stees. is an arrangement by which stockholders in several companies transference The Sherman Antitrust Act was based on the everal constional power of Canada to regularajor industries, destroying competition. An act to protect trade and commerce against unlawful restraints and monopolies Ibusinesses that buy out all of their competition). Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, Sec. 1. Every contract,combination in the form of trust or other-wise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal... Sec. 2. Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States or with oreign nations, shall be deemed guilty of a misdemeanor Sec. 3. Every contract,combination in form of trust or otherwise, or conspiracy, in restraint of trade or commerce in any Territory of the United States or of the District of Columbia or with foreign nations is hereby declared illegal. Sec. 6. Any property owned under any contract or by any combination or pursuant to any conspiracy mentioned in section one of this act. shall be forfeited to the United States and may be seized and condemned Document Based Questions 1. Using your social studies knowledge and the source, what claims can be made about the government's role in regulating the economy? 2. Using your social studies knowledge and the source what counterclaims can be made about the government's role in regulating the economy? How does the regulation of trusts reflect the government's role in domestic affairs?

Solución

Elsamaestro · Tutor durante 5 años

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1. The government's role in regulating the economy, as per the Sherman Antitrust Act of 1890, is to prevent monopolies and promote fair competition. This is evident from the Act's provision that any contract, combination, or conspiracy in restraint of trade or commerce is illegal. 2. Counterclaims about the government's role in regulating the economy could include arguments that the government's intervention in the economy is excessive or that it stifles economic growth. 3. The regulation of trusts reflects the government's role in domestic affairs as it shows the government's active involvement in economic affairs to ensure fair competition and prevent monopolies.

Explicar

## Step 1 The first question asks us to analyze the role of the government in regulating the economy based on the Sherman Antitrust Act of 1890. The Act is a federal statute passed by Congress to curb concentrations of power that interfere with trade and reduce economic competition. It was the first federal act passed in the United States to limit cartels and monopolies. ## Step 2 The second question asks us to consider counterclaims about the government's role in regulating the economy. Counterclaims could include arguments that the government's intervention in the economy is excessive or that it stifles economic growth. ## Step 3 The third question asks us to analyze how the regulation of trusts reflects the government's role in domestic affairs. The regulation of trusts is a reflection of the government's role in domestic affairs as it shows the government's active involvement in economic affairs to ensure fair competition and prevent monopolies.

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