Question

Which of the following were reasons for wanting government control of the railroad and large production entities? economic gap between rich and poor
low wages
monopolies
all of the above

Answer 1

The major reason that government control or regulation of railroads and large production entities because of monopolies. In the late 19th and early 20th centuries there was major growth in industries such as the railroad and oil industries in the United States, at this time companies became monopolies in these industries and thus there was pressure on the U.S. Government to weaken the control of these monopolies.