It was delayed a response to the Panic of 1907, and it empowered the handling issuance of currency, aided banks in danger of failing, and influenced interest rates to promote economic growth
100
Why was the 16th amendment created?
The 16th Amendment allowed the federal government to levy an income tax from every American. This allowed them to have an army, build roads and bridges, enforce laws and carry out other important duties.
200
A
What is A
200
What is the FMIA?
Federal Meat Inspection Act
200
What is the Pure Food and Drug Act?
It was an act that prohibited the sale, manufacturing or transportation of adulterated, misbranded, or poisonous items that are to be consume. Whether it be medicines, food, drugs or liquor.
200
E
What is E
200
G
What is G
300
B
What is B
300
What other act was the FMIA designed to work in combination with?
The Pure Food and Drug Act
300
Who handled the act?
In order to assure that said items reach the the basic standards, they were sent to the Bureau of Chemistry of the Department of Agriculture where they would determine whether it was up to standards.
300
E
What is E
300
What is the 16th amendment?
It was an amendment that allowed for congress to collect taxes on incomes from any source that money came from as long as it was deemed as an income, without appointment to State, meaning that they did not need to share the revenue with the states and the census was not a basis for the issuing of taxes.
400
How did the act treat boycotts, peaceful protests, labor unions and other related occurrences?
It made them legal under federal law.
400
What piece of literature revealed the unsanitary methods used by the food industry, and who is the author?
‘The Jungle’ by Upton Sinclair
400
D
What is D
400
Was federal reserve welcomed by business leaders? If so, why?
Yes, it was welcomed by many business leaders as a means of restoring order to the economic marketplace and warding off more radical measures for curbing corporate power.
400
H
What is H
500
Define “price discrimination” which was deemed illegal by the act
The selling of the same item at different prices to different buyers
500
What was the effect of ‘The Jungle’?
Resulted in public outcry and a government investigation which immediately changed the food laws in America
500
How did the Pure Food and Drug Act impact the Economy?
Federal authorities were involved with business before but this had a bigger impact because they could regulate the sale and manufacturing of objects which means that they could stop money from coming in if something was not met to standards.