At their core, antitrust laws are meant to break up businesses who work together to act like monopolies. Monopolies reduce the amount of competition in the market place, as this term indicates when one company has cornered a share of the market. For example, if only one company made cellphones, this would reduce competition and increase the price of phones since you can only them from one place.
By implementing antitrust laws, the government is aiming to make sure that there are no monopoly like coalitions. Monopolies have a negative effect on the consumers, as they can manipulate prices.
The rebellion affirmed the need for a stronger federal government, and eventually led to the creation and ratification of the US Constitution and The Bill of Rights
Answer:
The Tea Act of 1773 was one of several measures imposed on the American colonists by the heavily indebted British government in the decade leading up to the American Revolutionary War (1775-83). The act’s main purpose was not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy. The British government granted the company a monopoly on the importation and sale of tea in the colonies. The colonists had never accepted the constitutionality of the duty on tea, and the Tea Act rekindled their opposition to it. Their resistance culminated in the Boston Tea Party on December 16, 1773, in which colonists boarded East India Company ships and dumped their loads of tea overboard. Parliament responded with a series of harsh measures intended to stifle colonial resistance to British rule; two years later the war began.
Explanation:
Both Hemingway and Fitzgerald were renowned writers from the Lost Generation. They both came of age during World War I and thus their writings too were inspired by their experiences during the war and after. Through their respective novels 'The Sun Also Rises' and 'The Great Gatsby', both touch on the materialistic lifestyle of the rich people of that generation and speak out on behalf of those who were concerned about the disillusionment and shift in the values of the western civilization.
