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25 January, 17:29

To what extent did government (local and federal) attempt to regulate big business during the last quarter of the nineteenth century?

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  1. 25 January, 20:30
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    Check explanation.

    Explanation:

    One of the reasons for the independence fights is that of which is related the regulation of business. Therefore, the United States of America governmen tried to balance the needs of companies and the needs of worker.

    Unfortunately, During the last quarter of the nineteenth century the government sided with management and against unions. But this partiality did not last until 1902, where the President then, Roosevelt Teddy threatened companies for example the coal companies to bargain in good faith with their workers.

    Also, on the 5th of July, 1935 the Wagner Labor Relations Act was signed by the then President, Roosevelt Franklin. The Act established rules and regulations for allowing unions to established the National Labor Relations Boards as a federal agency so as to enforce the provisions of the pro-Labour Act.

    In 1947, the Congress, with the Taft-Hartley Act amended the Wagner Act. This amendment is to restrict the activities and power of labor unions.

    Government really tried in regulating big corporations in the nineteenth century.
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