1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mamaluj [8]
3 years ago
14

1. Law aimed at stopping monopolies, specifically Standard Oil​

History
1 answer:
pashok25 [27]3 years ago
6 0

Sherman’ antitrust law aimed at stopping monopolies especially, the famous New Hersey standard oil company was dissolved based on this law. This act aims at prohibiting any contracts, conspiracies in ‘restraint of trade’ and it proposed fair trade, it was a crime to create monopoly of a product under this law. This law actually helped small workers and encouraged fair competition between the businesses.

William Rockefeller established Standard oil Company in New Jersey, To give a tough opposition to his competitors, Rockefeller secretly discounted the shipping and transportation charges from railroads, he also formed a secret association with old refiners and bought their refineries at cheaper cost and started to produce more of crude oil.

It became a huge monopoly of supplying 90% of America with crude oil. These actions violated the Sherman’s antitrust law which prohibited Illegal monopoly.  

You might be interested in
Which level of government is allowed to conduct trials for treason?
liubo4ka [24]

Answer:

State government

Explanation:

8 0
3 years ago
How did Andrew Jackson encourage more people to vote in the presidential election?
podryga [215]

Answer:

The voter participation increased because Andrew Jackson changed the voting rights. George Washington thought that the Government should be separated from the people. And people who owned land, white, male, and Christian should vote for the President

Explanation:

6 0
3 years ago
Identifying in the 1920s, what did many Americans<br> believe were under attack?
o-na [289]

Answer:

Immigration, race, alcohol, evolution, gender politics, and se️‍xual morality all became major cultural battlefields during the 1920s. Wets battled drys, religious modernists battled religious fundamentalists, and urban ethnics battled the Ku Klux Klan. The 1920s was a decade of profound social changes.

8 0
2 years ago
Theodore Roosevelt and Woodrow Wilson influenced Franklin Roosevelt's New Deal ideas.
balandron [24]
Yes, it is true that <span>Theodore Roosevelt and Woodrow Wilson influenced Franklin Roosevelt's New Deal ideas, since all three of these men considered themselves Progressives. </span>
5 0
3 years ago
Which answer best describes the main benefit of the steam engine?
Bas_tet [7]
It helped power the trains and steam boats.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following was an economic event that led to an expansion of voting rights in the US?
    12·2 answers
  • What characteristic do all the elements discovered since 1950 have in common?
    7·1 answer
  • Under the rule of the Convention, French women
    13·1 answer
  • Take a look at "Who Built the Pyramids? Now We Know!" How was the discovery of some tombs important to archaeologists' understan
    13·1 answer
  • During the 1960 many poor Americans were ?
    15·1 answer
  • In order to override a presidential veto, Congress must pass the bill again, but this time with a super majority. This means tha
    13·2 answers
  • People detained in battlefields around the world that were suspected of engaging in terroristic activities against the United St
    9·2 answers
  • 2. Explain why some people and states were not eager to adopt the Constitution.
    7·1 answer
  • Which ideas from the Declaration of Independence was revolutionary?
    15·2 answers
  • Whats three times three
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!