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Question & Answer
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Regulating monopolies in big business
Limiting the power of labor unions
Promoting fair trade practices
Increasing government intervention in the economy
Understanding the Answer
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At first, the Act was used to stop labor unions from striking or organizing. Other options are incorrect because Many think the law began against large firms; Some think it was about promoting fair trade.
Key Concepts
Sherman Antitrust Act History
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Deep Dive: Sherman Antitrust Act History
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Definition
The Sherman Antitrust Act, enacted in 1890 under President Benjamin Harrison, was initially used against labor unions instead of big businesses. It aimed to prevent combinations that interfered with interstate trade. The Act's enforcement history reveals shifts in political and economic priorities over time.
Topic Definition
The Sherman Antitrust Act, enacted in 1890 under President Benjamin Harrison, was initially used against labor unions instead of big businesses. It aimed to prevent combinations that interfered with interstate trade. The Act's enforcement history reveals shifts in political and economic priorities over time.
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