2/9 class

Question 1

muckrackers

Answer 1

they would dig up dirt on CEO’s and companies

had the idea that business had corrupted politics

Question 2

new discoveries

Answer 2

corruption from business in government

plight of the poorer class

Question 3

jeffersonians

Answer 3

every person is a free standing individual

Question 4

wabash case

Answer 4

only federal government had the power to regulate interstate commerce

Question 5

pre-great merger movement regulation

Answer 5

A. early state level regulation

B. the ICC and the Sherman Antitrust Act

Question 6

interstate commerce commission

Answer 6

….

Question 7

sherman antitrust act

Answer 7

went against trusts

Question 8

US vs EC Knight Sugar Company

Answer 8

ruled that the sugar company was not a monopoly

Question 9

overview of the progressive movement

Answer 9

reform movement designed to smooth the transition to a new corporate capitalism by correcting for the worst excesses and results of unfettered markets, based on….

Question 10

Herbert Croly

Answer 10

author of the new republic , Hamiltonian means, Jefferson’s ends.

Question 11

hamiltonian means

Answer 11

Jeffersonian ends

Question 12

good and bad big business

Answer 12

A. roosevelt -
B. Taft and the “rule or reason”
C. The election of 1912
D. Wilon-era Reforms

Question 13

Roosevelt era regulation

Answer 13

northern securities case, it was broken up.
Bureau of corporatds
Pure food and drug act
Hepburn Act (1906)

Question 14

taft

Answer 14

got rid of more trusts than roosevelt did

Question 15

rule of reason

Answer 15

….

Question 16

election of 1912

Answer 16

meant for business focused more on business as a running ground

Question 17

Woodrow

Answer 17

ran on the curse of big business

Question 18

Wilson Era Reforms

Answer 18

federal reserve
Federal Trad Commission (1914)
Clayton Antitrust Act
16th amendment
17th amendment
other progressive reforms

Question 19

Zunz

Answer 19

foot soldier to capitalism

Question 20

who wanted regulation anyway?

who brought the progressives?

Answer 20

reformers: reassertion of democracy over corporations, (people who want to regulate capitalism a little)
rural interests (land of too much,)
business people: The corporate Liberal Thesis
Broker State Model
Organizational Synthesis

Question 21

capture theory of regulation

Answer 21

those who regulate are captured by the regulated

Question 22

regulation as rent seeking

Answer 22

firms use this to get revenue