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Which law did the government pass in order to encourage competition in the economy?
the Federal Anti-monopoly Act
the Sherman Antitrust Act
the Contraction Act
the Civil Rights Act

Respuesta :

ANSWER:

The Sherman Antitrust Act was passed by the government to encourage competition in the economy.

EXPLANATION:

  • This act was passed in 1890 almost unanimously and focused on the existence of fair competition and trade practices in an economy.
  • The Act restrains the abuse of monopoly in an economy.
  • The Act also regulated trade practices to ensure that an economy thrives on competition which is healthy and benefiting for the economy.
  • The Act also encouraged the formation of a "free market economy".

Answer:

B

Explanation: