Problemas
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Excerpt, Sherman Antitrust Act (1890 CE)
The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. A trust
is an arrangement by which stockholders in several companies transfer their shares to a single set of trustees.
The Sherman Antitrust Act was based on the constitutional power of Congress to regulate interstate
commerce: Toward the end of the 19th century, trusts came to dominate a number of major industries,
destroying competition.
An act to protect trade and commerce against unlawful restraints and monopolies [businesses 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
breign 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 __
ocument 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?"
Primary Source D Excerpt, Sherman Antitrust Act (1890 CE) The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. A trust is an arrangement by which stockholders in several companies transfer their shares to a single set of trustees. The Sherman Antitrust Act was based on the constitutional power of Congress to regulate interstate commerce: Toward the end of the 19th century, trusts came to dominate a number of major industries, destroying competition. An act to protect trade and commerce against unlawful restraints and monopolies [businesses 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 breign 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 __ ocument 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?
Solución
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Julioprofessionell · Tutor durante 6 años
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3.6 (326 votos)
Responder
Based on the excerpt from the Sherman Antitrust Act of 1890, several claims can be made about the government's role in regulating the economy:<br /><br />1. The government has the power to regulate interstate commerce: The act is based on the constitutional power of Congress to regulate commerce between the states and with foreign nations.<br /><br />2. The government can prohibit trusts and monopolies: The act declares contracts, combinations, or conspiracies that restrain trade or commerce to be illegal. This indicates the government's ability to prevent the formation of monopolies and trusts that could dominate industries and stifle competition.<br /><br />3. The government can seize and condemn property owned by illegal combinations: Section 6 of the act states that any property owned under an illegal contract or combination can be forfeited to the United States and seized. This demonstrates the government's authority to take action against entities that violate the act.<br /><br />4. The government aims to protect trade and commerce: The act's purpose is stated as "to protect trade and commerce against unlawful restraints and monopolies." This suggests the government's role in ensuring a competitive and fair economic environment.<br /><br />Overall, the Sherman Antitrust Act reflects the government's active role in regulating the economy, particularly in preventing the concentration of economic power in the hands of a few dominant entities.
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