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17 October, 04:44

In the area of economics and big business, what are three things that President Wilson accomplished?

a. raising tariffs to avoid competition

b. passage of the Federal Trade Act

c. signing the Clayton Antitrust Act

d. repealing the Sherman Antitrust Act

e. lowering tariffs for more competition

f. beginning the Interstate Commerce Commission

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  1. 17 October, 06:48
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    b. passage of the Federal Trade Act

    c. signing the Clayton Antitrust Act

    e. lowering tariffs for more competition

    Explanation:

    The Federal Trade Commission Act (1914) that founded the Federal Trade Commission, was signed by Woodrow Wilson to forbid unlawful means of competition or practices related to commerce.

    The Clayton Antitrust Act (1914) was an amendment to the Sherman Antitrust Act of 1890, and focused on price discrimination, price-fixing, and unlawful business practices.

    Wilson also signed the Revenue Act (1913) that considerably lowered tariff rates.
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