Asked by Farhan Malik on Jul 04, 2024
Verified
The United States Congress created the Interstate Commerce Commission (ICC) because it felt that a regulatory body could best control the anticompetitive conduct of what industry?
A) The oil industry
B) The railroad industry
C) The automobile industry
D) The steel industry
E) The construction industry
Interstate Commerce Commission (ICC)
The first federal administrative agency; created to regulate the anticompetitive conduct of railroads.
Railroad Industry
A sector focused on the operation of railroads and trains for the transport of goods and passengers.
- Identify examples of specific administrative agencies and understand their regulatory scope.
Verified Answer
ZK
Zybrea KnightJul 08, 2024
Final Answer :
B
Explanation :
The first federal administrative agency,the Interstate Commerce Commission (ICC),was created by the United States Congress near the end of the nineteenth century.Congress felt that a regulatory body could best control the anticompetitive conduct of railroads.
Learning Objectives
- Identify examples of specific administrative agencies and understand their regulatory scope.