After the Civil War, What Was the Complaint About the Federal

question 41

Multiple Choice

After the Civil War, what was the complaint about the federal tariff?

• A)It was not generating enough revenue.
• B)It was not forcing American companies to be competitive with their prices.
• C)It was allowing too many foreign imports into the American market.
• D)It was no longer needed.
• E)It was not high enough.

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Definitions:

Legality

Conformity with the law or legal statutes, often used to refer to the status of actions, agreements, or policies.

Competition

The rivalry among sellers in the market aiming to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix.

Federal Trade Commission

A government agency aimed at preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education.

Clayton Act

A U.S. antitrust law enacted in 1914 aimed at promoting fair competition and preventing corporate behaviors that lead to monopolies.