Structuralists Take the Position That

question 47

Multiple Choice

Structuralists take the position that

• A) the rule of reason is appropriate and desirable in interpreting the Sherman Act.
• B) only unreasonable anticompetitive acts should be regarded as violations of the antitrust laws.
• C) industries should be judged on the basis of their technological progress and their price-output behavior.
• D) an industry that is highly concentrated will behave monopolistically.

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Definitions:

Slave Coffle

A group of slaves chained together in a line during transport.

Forced Marches

Military or punitive movements requiring individuals or groups to travel long distances on foot under harsh conditions, often without sufficient supplies.

Market Revolution

A period of rapid economic transformation in the United States during the 19th century, characterized by the expansion of markets, developments in transportation, and industrial growth.

Westward Expansion

The 19th-century movement of settlers into the American West, encouraged by beliefs in Manifest Destiny and opportunities for land and wealth.