Match each legislative act with its chief accomplishment.

sought to outlaw business monopolies
granted the Interstate Commerce
Commission control over railroad
rates and telecommunications
established a central banking system
created an income tax to fund the
government
Federal Reserve Act
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Sherman Antitrust Act
arrowRight
Mann-Elkins Act
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16th Amendment
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Federal Reserve Act: The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States.

Long title: An Act to provide for the establish...

Enacted by: the 63rd United States Congress

Public law: 63-43 Pub.L. 63–43

Sherman Antitrust Act: The Sherman Antitrust Act of 1890 is a federal statute which prohibits activities that restrict interstate commerce and competition in the marketplace. The Sherman Act was amended by the Clayton Act in 1914. The Sherman Act is codified in 15 U.S.C. §§ 1-38.

Explanation:

Mann-Elk ins Act: Among the significant pieces of legislation passed by Congress during Taft's presidency was the Mann-Elkins Act of 1910, empowering the Interstate Commerce Commission to suspend railroad rate hikes and to set rates. The act also expanded the ICC's jurisdiction to cover telephones, telegraphs, and radio.

16th Amendment: The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

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TUNDEXIGO TUNDEXIGO · Answer 2

1. The Sherman Antitrust Act sought to outlaw business monopolies.

The Sherman Antitrust Act of 1890 is a federal statute which prohibits activities that restrict interstate commerce and competition in the marketplace.

2. The Mann-Elkins Act granted the Interstate Commerce Commission control over railroad, rates and telecommunications.

The Mann-Elkins Act was passed to empower the Interstate Commerce Commission to suspend railroad rate hikes and to set rates.

3. The Federal Reserve Act established the central banking system.

The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913.

4. The 16th Amendment created an income tax to fund the government.

16th Amendment states that Congress shall have power to lay and collect taxes on incomes, from whatever source derived,

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