| | - Big Business &
- U.S. economy originally based on “Laissez - faire”
- Principle of U.S. economy =
- Capitalism
- Problems with “Laissez - Faire”
- Problems with monopolies
- Big Business Leaders
- */25,
- Government’s effort to break up monopolies
- Nothing in the Constitution gave the government the power to break up monopolies
- Sherman Anti-Trust Acts
- Interstate Commerce Commission
- Federal Trade Commission
- Resistance to these efforts
- Changing Role of the Federal Government in the Economy
- Government used Tariffs to protect the economy from foreign competition
- Corporations
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