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Which law did the government pass in order to encourage competition in the economy?

the Federal Anti-monopoly Act
the Sherman Antitrust Act
the Contraction Act
the Civil Rights Act


User Salyh
by
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2 Answers

3 votes

Answer:

B

Step-by-step explanation:

User Nada Aldahleh
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6 votes

ANSWER:

The Sherman Antitrust Act was passed by the government to encourage competition in the economy.

Step-by-step explanation:

  • This act was passed in 1890 almost unanimously and focused on the existence of fair competition and trade practices in an economy.
  • The Act restrains the abuse of monopoly in an economy.
  • The Act also regulated trade practices to ensure that an economy thrives on competition which is healthy and benefiting for the economy.
  • The Act also encouraged the formation of a "free market economy".
User Shivam Kapoor
by
7.8k points
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