What Did the Federal Reserve Act, Clayton Anti-Trust Act, and the Federal

question 35

Multiple Choice

What did the Federal Reserve Act, Clayton Anti-Trust Act, and the Federal Trade Commission have in common?

• A) They were all socialist policies approved by President Wilson during his term in office.
• B) They were all Progressive measures rejected by Theodore Roosevelt for not doing enough to help workers.
• C) They were all pro-business conservative legislation approved by President Taft.
• D) They were all Progressive measures passed by the Wilson administration to reform banking and big business.

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Definitions:

Import

The act of bringing goods or services into a country from abroad for sale.

U.S. Tariff

A tax imposed by the United States government on imported or, less commonly, exported goods.

Oil

A viscous liquid derived from petroleum, mainly used for fuel, heating, and lubrication.

Imports

Products or services imported into a country from overseas for the purpose of selling.