Answer:
There are several reasons why the Sherman Antitrust Act was ineffective. One reason was there was little support for regulating businesses in the 1890s. The laws were generally pro-business and the attitude toward business and the economy was a laissez-faire one. The government generally tended to let businesses do as they pleased.
Explanation:
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It is first important to understand that not all Republicans rejected a peace settlement with the Confederates during or after the Civil War, but it was a smaller group within the party that totally and completely refused and demanded a full surrender without conditions to the South. This group was called the Radical Republicans and they began around 1854 and went until after the Reconstruction of 1877. They were the ones who were responsible for the establishment of the Fourteenth Ammendment and they radically opposed any negotiations with the South on the basis of their being totally against segregation and slavery. Some other factions within the Republican party, including Lincoln, were more moderate and were willing to give in to some of the demands from the Confederates, especially ont he issue of slaves.
The reason for these radical Republicans not wanting to negotiate with the Southern Confederates, was that they refused to allow slavery to continue. They were pushing for all slaves in the U.S to be freed, for segregation to be prohibited, for rights for black people to be established in the United States and even went as far as pushing for civil rights, including suffrage, for African Americans. But the South, of course, refused these terms. This is why neither Radical Republicans, nor Confederate members would have been able to settle anything in a negotiation. There was no common ground for the toughest issue of all; slavery.
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Answer: He enforced the Sherman Antitrust Act.
Context/history:
The Sherman Anti-Trust Act was the first measure by Congress to prohibit trusts. It was passed by Congress in 1890. A trust was when stockholders in multiple companies transferred their stock shares to a single group of trustees. Thus a whole industry area could be dominated by a single "trust" organization, destroying the free market of business competition. This was a monopolistic practice which the Sherman Anti-Trust Act ended. Thus the Sherman Anti-Trust Act directly went against the idea of those who believed business success should be based on large business owners colluding with one another.
Initially the Sherman Antitrust Act was not well enforced by US courts. But when Theodore ("Teddy") Roosevelt took office as President in 1901, he pushed enforcement of the Act and worked to reign in the power of big businesses.
Note:
The Clayton Antitrust Act was passed by Congress in 1914, after Teddy Roosevelt was no longer President.