Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
A → D → B → C
B
D → A → B → C
C
D → A → C → B
D
A → B → C → D
Understanding the Answer
Let's break down why this is correct
Answer
The public outcry against monopolistic practices (D) began first, sparking outrage over companies like Standard Oil. This pressure led Congress to pass the Sherman Antitrust Act (A) in 1890. The first major case prosecuted under the Act, United States v. E. C.
Detailed Explanation
People were upset about big companies taking over markets (D). Other options are incorrect because This order says the law passed before the public was angry; Putting the FTC before the first case assumes the commission existed before any law was used.
Key Concepts
Antitrust Legislation
Monopoly and Competition
Regulatory Agencies
Topic
Sherman Antitrust Act
Difficulty
medium level question
Cognitive Level
understand
Practice Similar Questions
Test your understanding with related questions
1
Question 1Arrange the following steps in the enforcement process of the Sherman Antitrust Act from initiation to resolution: A) Investigation by the Federal Trade Commission, B) Court ruling on the case, C) Filing of a lawsuit against the offending entity, D) Assessment of market impact and consumer harm.
hardHistory
Practice
2
Question 2Arrange the following events in the correct chronological order regarding the enforcement of the Sherman Antitrust Act: A) The Act is used against labor unions, B) The Act is enacted by Congress, C) The political focus shifts towards regulating large corporations, D) The Act is passed with overwhelming support in Congress.
mediumHistory
Practice
3
Question 3What is the correct sequence of events in the application of the Sherman Antitrust Act starting from the identification of a monopoly to its regulation?
mediumHistory
Practice
4
Question 4The Sherman Antitrust Act was primarily applied to regulate __________ in order to promote fair competition and prevent monopolies.
easyHistory
Practice
5
Question 5Which of the following actions exemplify the application of the Sherman Antitrust Act in regulating monopolies? Select all that apply.
hardHistory
Practice
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