Source: Ida Tarbell, *The History of the Standard Oil Company*, 1904.
"Our great trust question is a question of public morals. We have been so long accustomed to congratulate ourselves on the size of our industries, the speed of our development, and the wealth of our individuals, that we have forgotten that the essential thing is the character of the business methods employed. The Standard Oil Company has shown us what can be done by combining great intelligence, relentless energy, and absolute lack of moral respect for the rights of others."
Which of the following federal policies was most directly influenced by the public exposure of corporate practices described in the excerpt?
- The enactment of antitrust legislation to strengthen government regulation of monopoliesAnswer
- BThe adoption of a strict laissez-faire approach to allow natural competition to regulate prices
- CThe immediate transition of the United States toward absolute economic isolationism
- DThe alignment of federal policy with the demands of rural agrarian alliances for free silver
Answer
The enactment of antitrust legislation to strengthen government regulation of monopolies
The correct answer is correct because muckraking journalists like Ida Tarbell exposed the predatory and monopolistic practices of trusts, which succeeded in mobilizing public opinion and pressuring the federal government to pass legislation, such as the Clayton Antitrust Act, to strengthen corporate regulation and curb monopolies.
Step-by-Step Solution
Key Concept
Progressive Era corporate regulation and the role of muckrakers in shaping federal policy.
Hints
1
Identify the author's main critique in the passage. She is targeting 'great trust' organizations and their business methods.
Practice More
Review other muckraking efforts, such as Upton Sinclair's *The Jungle*, and compare their regulatory outcomes (e.g., Pure Food and Drug Act) with Tarbell's impact on antitrust policy.
Estimated Time:1m 30s