The Sponsors of the Sherman Antitrust Act Saw It As

question 365

Multiple Choice

The sponsors of the Sherman Antitrust Act saw it as:

• A) a way to increase private investment in big business
• B) a way to maintain industry dominance by a few efficient firms in each industry
• C) a way to increase tax revenue from big businesses
• D) a way to lessen the tax burden on small businesses
• E) none of the other choices are correct

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Definitions:

Income Tax

Tax levied by a government directly on income, including wages, salaries, and investments.

Constitution

The fundamental principles and established precedents according to which a state or other organization is governed.

Police Power

The power retained by each state to pass laws that protect the health, safety, and welfare of its citizens.

States

States are distinct political entities with a defined territory, population, and government, which are part of a larger sovereign country or function independently.