Many opponents of the Sherman Antitrust Act supported laissez-faire policies. What was one of the key ideas of laissez-faire?

Government regulation made goods more costly.

Government regulation benefited the consumer.

Government regulation protected small businesses.

Government regulation was too difficult to enact.

Question

History

Madeleine Griffin

14 February, 03:26

Many opponents of the Sherman Antitrust Act supported laissez-faire policies. What was one of the key ideas of laissez-faire?

Government regulation made goods more costly.

Government regulation benefited the consumer.

Government regulation protected small businesses.

Government regulation was too difficult to enact.

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Answers (1)

Know the Answer?

Kianna Pierce · Answer 1

Option A, Government regulation made goods more costly, is the right answer.

Explanation:

In the United States, the Sherman Antitrust Act of 1890 is antitrust law which regulated competition among enterprises. The Congress of the United States passed this act under the presidency of Benjamin Harrison. The regulation of government in the economic affairs resulted in high prices of goods thus the opponents of the Sherman Antitrust Act supported the policies of laissez-faire.