Question

During the Gilded Age, how did the US Congress act to regulate business practices? Congress passed laws that supported laissez-faire policies to help businesses grow. Congress was concerned about workers, so they passed laws that guaranteed a minimum wage. Congress did not pass laws that would control the growth of monopolies. Congress passed laws that ensured workplace safety.

Answer 1

Answer: C:  Congress did not pass laws that would control the growth of monopolies.

Answer 2

The right answer is Congress did not pass laws that would control the growth of monopolies.

The Gilded Age is known as the age that follows the Civil war from about 1870 to 1900 and comprehends a period of rapid growth and industrialization. In this period the government was dominated by unrestricted capitalism, an environment free of income taxes, fair regulators, and other restraints on the behavior of freewheeling entrepreneurs. Leading to rampant corruption, where the monopolists were working together with the state to make sure that Congress did not pass laws that would control the growth of their own monopolies.