Answer:
Roosevelt was accused of Bolshevism by his opponents, and many anti-crisis methods were sharply criticized. They criticized the direction of the New Deal against business; many rightly believed that the new policy hampered the restoration of the economic system. Despite all efforts, unemployment continued to increase: if it were not for the increase in salary costs caused by the New Deal, the unemployment rate in the country as of 1940 would be lower by 8 percentage points.
Ordinary citizens were directly affected by the increase in alcohol duties and wage deductions for social security. Roosevelt further increased the tax burden by raising income tax for individuals and legal entities, excise taxes, property taxes and donated property. He introduced undistributed profit tax. All these ‘requisitions’ led to a reduction in the amount of money that entrepreneurs could spend on expanding production and creating new jobs.
Explanation:
The US Congress acted to regulate the practices of business during the gilded age by not creating any law for the growth of monopolistic businesses.
Option A is the correct answer.
<h3>
What is a monopoly?</h3>
A monopoly is a type of economic market where there is a sole seller in respect of selling a certain kind of product with no close substitutes.
Gilded Age was the time period of increase in the economic growth of the US country from the year 1870 till the year 1900. It was the time span where the US country flourished its businesses in the large sector of the economy like factories, mining of coal, and building of railroads.
Therefore, there was no law passed for encouraging monopolistic businesses in the Glided age by the US congress.
Learn more about the glided age in the related link:
brainly.com/question/21199270
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Pamplets, writings, that sort of stuff
Their is more freedom here than there is at there old home
