Answer:
1. Monopolies were among the first business entities the U.S. government attempted to regulate in the public interest
2. Consolidation of smaller companies into bigger ones enabled some very large corporations to escape market discipline by "fixing" prices or undercutting competitors.
Explanation:
Answer:
Jefferson's most fundamental political belief was an "absolute acquiescence in the decisions of the majority." Stemming from his deep optimism in human reason, Jefferson believed that the will of the people, expressed through elections, provided the most appropriate guidance for directing the republic's course.
Explanation:
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Hoover took steps like reconstruction finance corporation which gave loans to start businesses by people.
<u>Explanation:</u>
Some of the policies that Hoover made in the year 1932 in January to bring an end to the great depression was the formation of the reconstruction finance corporation.
This corporation was formed by him along with the congress to give loans to the people who wanted to start small businesses. But this was also not a very successful move because it failed to meet the need of the people and failed to increase the lending properly.