Answer:
laissez-faire - supported lack of government intervention in business affairs
Interstate Commerce Act - regulated railroads
Sherman Anti-Trust Act - banned business practices that supported monopolies
Explanation:
Laissez-faire refers to an economic system from the 18th century that was opposing any government intervention in business affairs. In this system, the individual is the center of the society who has the right to freedom; therefore, the government should not be involved in the economy, because of the natural order that ruled the world.
Interstate Commerce Act was adopted in the U.S. in 1887 as a federal law that regulated the railroad industry. This Act fought for the adjustment of railroad rates, in order to make it reasonable and just. However, the government did not have the power to establish specific rates.
Sherman Anti-Trust Act was brought in the U.S. in 1890, as an antitrust law that banned business practices that supported monopolies. The Sherman Anti-Trust Act was designed to help workers and smaller businessmen by providing them better conditions and encouraging competition.
I would say: <span>Tensions in the region remain high, though negotiations continue.</span>
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Explanation:
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