Interstate Commerce Act 1887

Slides:

Advertisements

Similar presentations

US History and Government AIM: How did the conflict between the railroads and the farmers result in change in economic policy and government intervention?

Advertisements

Notes on Trade and Specialization What affects economic decisions? Voluntary Trade Specialization Trade Barriers.

The Populist Movement.  Growing urban populations had to be fed  Farmers responded by planting more crops and raising more animals each year  Farmers.

Vincent Massey Public School Stock Market Simulation Workshop 3 Are you ready to rumble…and make some cash!???

Trade Incentive. Discussion:  Why do people trade?

The Economic Effects of the 19 th Century Monopoly AN ECONOMIC MYSTERY.

Laws against Anti- Competitive Practices Laissez-Faire Interstate Commerce Act Interstate Commerce Commission Sherman Anti-Trust Act.

Politics and Progress Demands for Reforms p

Age of the Railroads Ch. 6-2

Total Item Price: $ Dollars. Website: Price: $60.00.

5. Increased Government Regulation of Business.   SWBAT examine the impact of the Interstate Commerce Act and the Sherman Anti-Trust Act on unfair business.

A Time For Empowerment Stanley Greenstein Doctoral Student, IRI

THE RISE OF BIG BUSINESS: VANDERBILT AND THE RAILROADS APUSH – SPICONARDI.

The WomenMuckrakersProgressives Hippies We Shall Overcome.

Politics and Reform Problems In Washington. What is the spoils system (patronage)?  Putting people in office that are friends or political supporters.

Demands for Reform Chapter 19 Section 3. I. Monopolies Use Unfair Tactics In the late 1800s, large companies that operated in Texas joined together and.

Demands for Reform Chapter 19 Section 3. I. Monopolies Use Unfair Tactics In the late 1800s, large companies that operated in Texas joined together and.

The Gilded Age Or was it? The negative side…. Legislation At first, government stayed out of business ◦ Laissez-Faire had them “hands off” and looking.

Politics & Progress A New Century Chapters 19 & 20.

Politics and Progress Demands for Reforms p

TRANSPORTATION Get a move on!. The Transportation Sector  Includes three industries:  1) Airline Industry,  2) the surface travel industries and 

ECONOMICS CHAPTER 6. CharacteristicsPerfect Competition # of Firms In Each Industry Many Market ConcentrationLow Type of ProductSimilar or Identical Availability.

THE AGE OF RAILROADS. 1. What problems did employees of the railroad companies face? Life threatening conditions Low pay Discrimination by race or nationality.

SWBAT: Explain ways in which farmers fought back against unfair business practices.

Ch.6 section 2. National Network Made westward expansion possible Government gave railroads huge land grants to expand Romance and Reality Dreams of cheap.

Copyright © 2008 by West Legal Studies in Business A Division of Thomson Learning Chapter 5 Government Regulation of Competition and Prices Twomey Jennings.

The Progressive Era Vocabulary List. Progressivism Definition: The political orientation of those who favor progress towards better conditions in government.

FREE TRADE FAIR TRADE. Produce what you’re best at Efficiency Reduce prices Get a wider variety of goods Avoid retaliatory tariffs to promote/protect.

Objective: Students will understand the role that industry played in the United States during the Gilded Age.

Populist Movement By Mr. Sims. Economic Hardships for Farmers Falling crop prices High freight and machinery costs Heavy debts.

It’s all about the money... P2 – Part 2. ( DR HATCHBACK) BASKET 1 - £5-£10000.

Lesson 28: Sections 3 and 4 Reform Movements.

Why Railroads had Political Problems

Federalism A system of shared powers between the Federal (National) and State governments.

Regulation & Deregulation

What does SUFFRAGE mean? Who got SUFFRAGE rights with 15th Amendment?

Populist Party.

#32 Ch Notes A New Industrial Age

Populist Party.

Federalism A system of shared powers between the Federal (National) and State governments.

4. Trade promotes economic progress.

“All that glitters is gold” --Smash Mouth

Effects of Industrial Expansion

The Boston Tea Party. The Boston Tea Party.

Taxation in Canada.

January 9, 2018 U.S. History Agenda: DO NOW: DBQ

Industrial America.

Limiting Big Business Ms. Moran

Populist Party.

APUSH REVIEW UNIT TO 1898 MR. LIPMAN.

P THE AGE OF THE railroad.

REFORMS “Fair and balanced”.

Chapter 14 Section 2.

Problems in the New Nation

PREVENTING OR CONTROLLING MONOPOLY POWER

How did the U.S. government attempt to regulate big business?

Gilded Age Pt 5- Responses to Big Business

Section 2 The Age of the Railroads

The Age of the Railroads

NOTES #32: Why did labor unions form in the U.S.?

Farmers & the Populist Movement

Economics Chapter 7 Review.

The United States Economic System

The Populists AIM: How successful were the Populists in dealing with the problems of the farmers?

How does the Populist Movement plan to rescue America?

Market Failure #3 Monopolies

INTRO TO GILDED AGE & PROGRESSIVE ERA

1. Why Marketing Research?

Warm Up There are several transportation markets in the United States. Airlines, for example, compete for customers. Long-distance passenger train service.

Presentation transcript:

Interstate Commerce Act 1887

Notecard… Name: Please number 1-5 on your notecard

Trading game Open your bag, make sure no one sees what's in your bag. 1: Rate 1-5 of how happy you are with the item you received 1 being very unhappy 5 being extremely happy

Trading game Now take the item out of your bag. Look around the room and see what everyone else received. 2: Based upon what everyone else received please rate your level of happiness in your item from 1-5. 3: Did your level of happiness change? Why or why not?

Trading game Take a one minute to trade items with your group, you do not have to trade. You can only trade with your group.

Trading game Each member in your group will receive 20 dollars You must pay taxes to trade with other groups in the room, the railroad companies charge these fees if you trade across interstate (group) boundaries. If you trade with a group right next to your group it will cost 10 dollars per person that is involved in the trade. If you trade with a group over one group of desks away it will cost you 30 dollars per person to trade. You will have 5 minutes to conduct your business, please pay Mr. Davis your railroad taxes if you trade with another group.

Trading game 4: Now that you have had a chance to trade with people in other groups please rate your happiness from 1-5 based upon the item you ended with. 5: Do you think the railroad taxes helped or hurt the trade market? Why?

Trading game At the end of the activity did your happiness level go up/down or stayed the same?

Interstate Commerce Act A US law that was designed to regulate the railroad industry. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates. It also required that railroads publicize shipping rates and prohibited short haul or long haul fare discrimination, a form of price discrimination against smaller markets, particularly farmers.