Progressive Era Antitrust Legislation Quiz

What was a major limitation of the Sherman Antitrust Act?

• It was too strict on small businesses.

• It inadvertently encouraged business mergers.

• It was only applicable to international companies.

• It provided excessive power to labor unions.

Which of the following was made illegal by the Clayton Antitrust Act?

• Corporations forming partnerships.

• Corporations purchasing stock to create monopolies.

• Corporations engaging in international trade.

• Corporations hiring foreign workers.

What did the Clayton Antitrust Act declare about labor unions?

• They were subject to antitrust laws.

• They were exempt from antitrust laws.

• They were illegal.

• They were required to register with the government.

What was the primary purpose of the Federal Trade Commission (FTC) established in 1914?

• To regulate international trade.

• To manage federal tax collection.

• To promote consumer protection and fair competition.

• To oversee labor union activities.

How did the FTC enforce fair business practices during Wilson's presidency?

• By sending cease-and-desist letters to corporations.

• By issuing fines to small businesses.

• By providing tax incentives to large corporations.

• By promoting international trade agreements.