Author Question: A great merger movement, whereby firms combined with former rivals to become large firms, began in ... (Read 118 times)

torybrooks · **on:** Jun 30, 2018

A great merger movement, whereby firms combined with former rivals to become large firms, began in the 1890s. Who was the first President to look to bigger government as a way to cope with the economic power of these concentrated industries?

(a) Woodrow Wilson
(b) Herbert Hoover
(c) Theodore Roosevelt
(d) Franklin Roosevelt

Question 2

In the struggle to control the power of big business which emerged between the Civil War and World War I, the nation

(a) relied heavily on the principles of government expounded by the Founding Fathers such as Thomas Jefferson.
(b) slowly changed into the modern regulated economy.
(c) decided ultimately that big business was here to stay and should be allowed to operate without government interference.
(d) began a policy of government ownership of business in important sectors of the economy.