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1. Federal Trade Commission: a federal agency established in 1914 to investigate and stop unfair business practices. 2. Federal Reserve System: A national banking system set up in 1913, that controls the U.S. money supply and the availability of credit in the country. 1. Federal Trade Act: The Federal Trade Act set up a five member “watchdog” agency called the federal trade agency to keep a close eye on big businesses. 2. Clayton Antitrust Act: The Clayton Antitrust act strengthened the Sherman antitrust act by declaring certain business practices illegal. 3. Underwood Tariff: The Underwood tariff substantially reduced tariff rates. 4. Sixteenth Amendment: Legalized a federal income tax. 5. Federal Reserve act: The Federal Reserve act divided the nation into 12 regions giving each region a federal reserve bank.
Approximate Word count = 470
Approximate Pages = 1.9
(250 words per page double spaced)
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