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What approaches did Roosevelt and Taft take toward regulating big business?

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Both Presidents Roosevelt and Taft took approaches to regulate big business, but their methods differed. Roosevelt was a progressive and believed that the federal government had a responsibility to regulate big business to protect consumers and prevent monopolies. He used various tactics, including trust-busting, to break up large monopolies, such as Standard Oil and the Northern Securities Company. Roosevelt also supported the Pure Food and Drug Act, which regulated the production and sale of food and drugs to ensure consumer safety.

On the other hand, Taft believed in a more conservative approach to regulating big business. He focused on using legal means to regulate big business, such as strengthening antitrust laws and supporting the creation of the Federal Trade Commission to investigate unfair business practices. Taft also supported the creation of a graduated income tax, which would tax wealthy individuals at a higher rate. This approach would reduce the power of big business and promote a more equitable wealth distribution .

Overall, while both presidents recognized the need to regulate big business, Roosevelt was more aggressive and direct. Get instant, well-researched and cited essays and questions from proffrank01 at g m ail.con. You get an added advantage because you get answers on request. Sorry for this, but this is the only way to get through to help you. I understand the challenges that come with finding a reliable homework helper. In contrast, Taft focused on legal means to regulate and promote fair business practices.

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