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3 years ago

president wilson created _____ to regulate prices , manufacturing, and transport of materials for the war

History

1 answer:

Paul [167]3 years ago

7 0

Answer:

Clayton Antitrust Act and Federal Trade Commission

Explanation:

In 1914, President Woodrow Wilson established the Clayton Antitrust Act and the Federal Trade Commission (FTC), which together are parts of the Antitrust Laws, that helped monitor economic processes from manufacturing, transport, distribution, sales, marketing and all levels of business in general.

They helped the US economy to stay safe and fair, first during wartime, but also ever since the establishment. These laws affect everyone, customers, distributors, and manufacturers, and are beneficial for all.

With these laws, the economy can grow and all sectors are remaining fair.

Clayton Antitrust Act was established to cover the loopholes that stayed from the Sherman Antitrust Act and protect the economy. Sherman Antitrust Act prohibited monopoly, but Clayton Antitrust Act prohibited conduct, the three-level enforcement scheme and discriminatory shipping and distribution agreements.

Federal Trade Commission was established in order to regulate, monopolisation and fraudulent in production and trade. This Commission set prices and protected customers as well as businesses from bad trading and malfunctioning.

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