QUESTION IMAGE
Question
- in the early twentieth century, the federal government began to regulate private businesses in orders to protect consumers. which federal government action is an example of this policy?
purchasing gold and silver to back currency
allowing corporations to form trusts
setting high tariffs rates on foreign goods
requiring accurate labels on food and drugs
clear all
Brief Explanations
To determine the correct answer, we analyze each option:
- "Purchasing gold and silver to back currency" relates to monetary policy, not consumer protection.
- "Allowing corporations to form trusts" would likely reduce competition and harm consumers, so it's not a regulatory measure to protect them.
- "Setting high tariffs rates on foreign goods" is a trade policy, not directly about regulating private businesses to protect consumers.
- "Requiring accurate labels on food and drugs" is a regulatory action by the federal government to ensure consumers have correct information about products, protecting them from misinformation or harmful products. This aligns with the policy of regulating private businesses to protect consumers.
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D. Requiring accurate labels on food and drugs