The Creation of the Interstate Commerce Commission (ICC)led to the Federal

question 40

Multiple Choice

 The creation of the Interstate Commerce Commission (ICC) led to the federal government 

• A) regulating the national economy for the first time in a meaningful way. 
• B) supporting states' efforts against regulation. 
• C) assuming complete control of the railroads. 
• D) opposing civil service reforms. 
• E) None of these are correct.

---

Definitions:

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often characterized by global trade and cultural exchange.

Exploitation Of Labor

The unfair treatment of workers, often involving overstretched work hours, underpayment, or poor working conditions, for the benefit of employers.

Eurodollar Market

The debt market created when foreign banks with eurodollar deposits lend those funds.

European Banks

Financial institutions based in Europe which engage in all kinds of banking services including deposits, loans, and investments.