which of te following was the main policy of government toward big business in the late 1800s
The main policy of the government toward big business in the late 1800s was Laissez-faire capitalism.
The main policy of the government toward big business in the late 1800s was a combination of laissez-faire and limited regulation. Here is a step-by-step breakdown:
1. Laissez-faire: Laissez-faire is an economic doctrine that advocates for minimal government intervention in the economy. During the late 1800s, this doctrine influenced the government's approach to big business.
2. Limited regulation: While the government generally favored non-interference, there were some efforts to regulate big business to prevent abuses and protect public interest.
3. Interstate Commerce Act of 1887: One example of limited regulation was the Interstate Commerce Act. This act established the Interstate Commerce Commission (ICC) and aimed to regulate railroads to ensure fair rates and prevent discriminatory practices.
4. Sherman Antitrust Act of 1890: Another significant piece of legislation was the Sherman Antitrust Act. It prohibited trusts and any other monopolistic restraints of trade that could suppress competition.
Overall, the primary approach of the government toward big business in the late 1800s was a combination of laissez-faire principles and limited regulation through acts like the Interstate Commerce Act and the Sherman Antitrust Act.
The main policy of the government toward big business in the late 1800s was known as laissez-faire, which means "let it be" in French. This policy advocated for minimal government intervention in the economy and encouraged businesses to operate with little interference. The government generally believed that the marketplace should regulate itself, and that competition would lead to better products and lower prices for consumers.
To find this answer, you can start by researching the economic policies of the late 1800s, specifically those relating to big business. A good place to look would be in textbooks, scholarly articles, or reputable online sources that discuss the history of economic policies, such as governmental archives or educational websites. Additionally, you can consult primary sources from that era, such as speeches or writings of political leaders or economists.