The two major transportation developments being built during the early
years include:
<h3>What is Transportation?</h3>
This involves the movement of people and goods from one place to
another.
This gave rise to the development of transportation system such as rail
and water in which canals and railroads were built so as to ease these
types of movements.
Read more about Transportation here brainly.com/question/3521961
Answer:
laissez-faire - supported lack of government intervention in business affairs
Interstate Commerce Act - regulated railroads
Sherman Anti-Trust Act - banned business practices that supported monopolies
Explanation:
Laissez-faire refers to an economic system from the 18th century that was opposing any government intervention in business affairs. In this system, the individual is the center of the society who has the right to freedom; therefore, the government should not be involved in the economy, because of the natural order that ruled the world.
Interstate Commerce Act was adopted in the U.S. in 1887 as a federal law that regulated the railroad industry. This Act fought for the adjustment of railroad rates, in order to make it reasonable and just. However, the government did not have the power to establish specific rates.
Sherman Anti-Trust Act was brought in the U.S. in 1890, as an antitrust law that banned business practices that supported monopolies. The Sherman Anti-Trust Act was designed to help workers and smaller businessmen by providing them better conditions and encouraging competition.
The main reason is that neither side was willing to compromise on the idea of taxation. The British need revenue to pay for the French and Indian War, and the colonists were upset that they had no representation in Congress. There was little-to-no room for compromise.
