The Interstate Commerce Act of 1887 was a significant response to the monopolistic control exerted by railroad companies in the 19th century. It aimed to regulate the industry, ensuring fair practices and competition. The Act established the Interstate Commerce Commission to enforce these regulations, addressing issues like price fixing and discriminatory treatment that affected smaller shippers and farmers. This legislation marked a pivotal moment in U.S. economic history, reflecting the government's role in curbing abusive practices and protecting consumer interests.
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1
In the second half of the ______ century, railroads became crucial to ______ transportation, changing how goods and people moved.
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2
Due to unfair practices like price fixing, the U.S. government intervened in the railroad market, affecting companies that had been mistreating ______, among others.
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3
Pre-Constitution state commerce management
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4
Federalists vs. Anti-Federalists on Commerce Clause
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5
Impact of unregulated railroads on interstate commerce
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6
From the ______ in 1787 to the ______ in 1887, the U.S. experienced significant growth, largely due to the ______ industry.
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7
The ______ railroad, completed in 1869, connected the ______ with the ______ and spurred economic growth.
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8
Railroad industry's early impact on public/private goods distinction
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9
Current ownership status of freight vs. passenger railroads
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10
Significance of railroads for government and populace
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11
The public demanded ______ action to counteract the monopolies that harmed ______ and small shippers by fixing prices, which affected their ability to ______ goods.
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12
Emergence of the Granger Movement
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13
Granger Laws
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14
Railroad Companies' Response to Regulations
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15
The ______ case of Wabash, St. Louis & Pacific Railway Co. v. Illinois was pivotal in determining the level of government responsible for regulating interstate commerce.
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16
Year and significance of the Interstate Commerce Act
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17
Primary purpose of the Interstate Commerce Commission (ICC)
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18
Impact of the Interstate Commerce Act on consumer protection
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