What was the goal of Interstate Commerce Act quizlet?

What was the goal of Interstate Commerce Act quizlet?

What was the main purpose of the Interstate Commerce Act of 1887? The Interstate Commerce Act was created to limit the monopolistic practices of the railroad industry.

Why was the Interstate Commerce Commission established quizlet?

Congress then passed the Interstate Commerce Act in 1887, which established the right of the federal government to supervise railroad activities and established the Interstate Commerce Commission to enforce the law, in response to public outrage.

What did the Interstate Commerce Act outlaw quizlet?

The Interstate Commerce Act regulated the railroads and made them charge fair and just prices for their services. The Sherman Antitrust Act outlawed monopolistic practices.

What was the purpose of the Interstate Commerce Commission and how successful was it?

The agency’s original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including interstate bus lines and telephone companies.

What was the biggest problem with the legislation that passed to regulate commerce?

The biggest problem with the regulation passed to regulate commerce was that the public ignored their rulings and their rules. It was difficult for everyone to agree on any one course of action.

What was the significance of the Interstate Commerce Act that was passed by Congress in 1887 quizlet?

Terms in this set (5) The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. [1] The Act required that railroad rates be “reasonable and just,” but did not empower the government to fix specific rates.

Why were farmers in favor of government regulation of railroads quizlet?

Many farmers had borrowed large amounts of money to pay for land and farm equipment. Why were farmers in favor of government regulation of railroads? The farmers felt that they were being charged too much to ship their crops. It was the first federal law that regulated Big Business.