The First Federal Regulatory Agency Designed to Protect the Public

question 75

Multiple Choice

The first federal regulatory agency designed to protect the public interest from business combinations was the

• A) Federal Trade Commission.
• B) Interstate Commerce Commission.
• C) Consumer Affairs Commission.
• D) Federal Anti-Trust Commission.
• E) Federal Communications Commission.

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Definitions:

Culturally Induced

Phenomena or behaviors that are primarily shaped or influenced by cultural factors or societal norms.

Alcohol

A psychoactive substance found in drinks such as beer, wine, and liquor, which can alter mood and behavior.

Alcoholics Anonymous

A worldwide fellowship program for individuals seeking to overcome alcoholism through a 12-step recovery process.

Sin Tax

A form of tax levied on goods or activities considered harmful to society, such as tobacco, alcohol, and gambling, intended to discourage their consumption.