Two court cases that applied to the regulation of business were ...

[tnt_battle]

Two court cases that applied to the regulation of business were Munn v Illinois (1877) and Nebbia v New York (1934). Regarding these two cases, which of the following is true?
 
  (a) The former case, in effect, gave the federal government more comprehensive powers
  to regulate business than the latter case.
  (b) The latter case gave the federal government more comprehensive powers to regulate
  business.
  (c) Both cases were equally important in giving the federal government powers to
  regulate business.
  (d) Neither case was very important with regard to federal regulation of business but set
  a precedent for later, more important court cases.

Question 2

Prior to the 1880s, federal government control over the daily operations of private economic activity
 
  (a) was important but not as important as during the 1880s and following decades.
  (b) was virtually nonexistent; state and local governments handled any regulation or business management.
  (c) was important, but in the 1880s and following decades, it became less important as it was realized that regulation was basically inconsistent with the efficient operation of free markets.
  (d) was virtually nonexistent and did not become important until the Great Depression and New Deal programs of the 1930s.

[TDubDCFL]

Answer to Question 1

(b)

Answer to Question 2

(b)

[tnt_battle]

Excellent

[LVPMS]

TYSM