The Sherman Anti-Trust Act, the Social Security Act, and the Federal Deposit Insurance Corporation are examples of which of the
following? A. the federal government's need to intervene as a result of an economic crisis
B. federal laws designed to protect consumers from unsafe products
C. federal laws designed to control spending
D. the federal government's attempt to regulate big business
The answer is B The Sherman Antitrust Act of 1890 banned "combinations in restraint of trade" or basically any monopoly that reduced competition in the marketplace, a direct response to the growth of monopolistic practices in the late 1800's. Social Security was a response to the Great Depression and was designed to protect retiring workers, many of which were left with little to no retirement income. Finally FDIC was a response to the crisis in the US banking sector during the depression and was designed to insure depositors funds in case of a bank's failure
