Asked by
manve adiwal
on Oct 12, 2024Verified
Which statement is true?
A) The federal government never intervened in our economy until the 1930s.
B) Federal government intervention in our economy has grown steadily since the time of the Civil War.
C) The federal government has intervened in our economy from time to time throughout our history.
D) None of these statements are true.
Federal Government Intervention
Actions taken by the federal government to influence economic activity, often through regulation, monetary policy, or fiscal policy.
Civil War
An internal conflict within a country between differing factions, regions, or ethnicities aiming to change governmental structure or policies, or to divide the country into separate entities.
Economy
A vast collection of interconnected activities in production, consumption, and trade that help decide the distribution of limited resources.
- Familiarize oneself with the history and legal principles of antitrust legislation in the United States.
Verified Answer
KS
Learning Objectives
- Familiarize oneself with the history and legal principles of antitrust legislation in the United States.