The Federal Government Did Not Begin to Regulate the Economy

question 220

Multiple Choice

The federal government did not begin to regulate the economy in any large way until

• A) the Fourteenth Amendment was passed.
• B) the Interstate Commerce Commission (ICC) was created.
• C) the laissez-faire doctrine was upheld by a majority of the Senate.
• D) the commerce clause was amended.
• E) the Department of Labor was created.

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Definitions:

Bonus Money

Bonus money is additional compensation awarded to employees for achieving predefined goals, exceeding performance expectations, or as a reward for exceptional work.

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort due to holding conflicting beliefs, values, or attitudes.

Ingratiation

A social influence strategy where an individual tries to make themselves more likable to another.

Politics

The activities associated with the governance of a country or other area, especially the debate or conflict among individuals or parties having or hoping to achieve power.