What impact did Susan B Anthony have on Progressive Era reforms quizlet?
Impact: She helped assist the poor, taught immigrants to read and write, and helped juveniles. You just studied 25 terms!
What progressive reforms did suffragists support?
During the Progressive Era, women fought for many rights, including suffrage, or the right to vote. In reform, women worked to change the workplace, labor conditions, health, and safety. This was deemed “social housekeeping” because women could not vote or run for office.
Which 1914 law prohibited corporations from acquiring the stock of another corporation if doing so would create a monopoly?
In 1914 Congress en- acted the Clayton Act,2 section 7 of which generally prohibited the acquisition by a corporation of stock in another corporation where the effect of the acquisition may be to lessen competition.
Which president passed the Clayton Antitrust Act?
President Woodrow Wilson
What is the difference between the Sherman Act and the Clayton Act?
Whereas the Sherman Act only declared monopoly illegal, the Clayton Act defined as illegal certain business practices that are conducive to the formation of monopolies or that result from them. The Clayton Act and other antitrust and consumer protection regulations are enforced by the Federal Trade Commission.
What companies violated the Sherman Act?
Sherman Act Violations Resulting in Criminal Fines & Penalties of $10 Million or More
Defendant (FY) | Product |
---|---|
Kayaba Industry Co., Ltd, d/b/a KYB Corporation (2016) | Automobile Parts Shock Absorbers |
Qantas Airways Limited (2008) | Air Transportation (Cargo) |
Cathay Pacific Airways Limited (2008) | Air Transportation (Cargo) |
Is lack of competition strangling the US economy?
But when corporations use their market power to shape the policy and regulatory environment in ways that crush competition, problems arise. And unfortunately, there’s more than enough evidence to conclude that a substantial portion of the U.S. economy suffers from a lack of competition.
Is the US economy competitive?
The U.S. economy has become less competitive in the past couple of years. For the past three decades, the U.S. has been listed as one of the world’s top five most competitive economies, in rankings produced by the International Institute for Management Development (IMD) in Switzerland.
Why is having no competition bad?
If there was no competition in the markets, companies woud neglect technological development and cost reduction efforts. If one manufacturer monopolized one market by ousting its rivals, there would be no competition in the market. As a result, we would not be able to choose products of better quality and lower prices.
Is competition good for the economy?
Competition has a positive impact, not only on the well being of consumers, but also on a country’s economy as a whole. Competition bolsters the productivity and international competitiveness of the business sector and promotes dynamic markets and economic growth.