which of the following laws focused specifically on regulating the rail road industry
interstate commerce act
sherman anti act
laissez faire policies
protective tariffs
The law that focused specifically on regulating the railroad industry is the Interstate Commerce Act.
The law that focused specifically on regulating the railroad industry is the Interstate Commerce Act.
The law that specifically focused on regulating the railroad industry is the Interstate Commerce Act.
To find the answer, we need to understand the purpose of each law listed:
1. Interstate Commerce Act: This act was passed in 1887 and established the federal government's authority to regulate the railroad industry. It aimed to prevent unfair business practices, such as rate discrimination and monopolistic behavior, in interstate commerce.
2. Sherman Antitrust Act: This act was passed in 1890 and primarily focused on preventing and breaking up monopolies across all industries, including railroads. However, its main purpose was not solely focused on regulating the railroad industry.
3. Laissez-faire Policies: Laissez-faire policies advocate for minimal government intervention in the economy. They generally do not involve specific laws or regulations targeting any specific industry, including railroads.
4. Protective tariffs: Protective tariffs are taxes imposed on imported goods to protect domestic industries from foreign competition. While tariffs can indirectly affect different industries, they are not specifically aimed at regulating the railroad industry.
Based on this information, we can determine that the Interstate Commerce Act is the law that focused specifically on regulating the railroad industry.