Advanced Placement US History (AP US History) Practice Exam

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Prepare for the AP US History Exam. Engage with dynamic flashcards and multiple choice questions, each with comprehensive hints and explanations. Ace your AP US History test!

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What was the purpose of the Sherman Antitrust Act?

To prevent monopolies and promote competition
To establish a national bank
To regulate interstate commerce
To impose tariffs on imported goods

The correct answer is: To prevent monopolies and promote competition

The Sherman Antitrust Act was established in 1890 with the primary purpose of preventing monopolies and promoting competition within the marketplace. It aimed to address the growing concerns regarding the power of large corporations and trusts, which were seen as reducing competition and harming consumers by fixing prices or controlling supply. By making it illegal to restrain trade or commerce, the Act sought to create a fairer economic environment and protect smaller businesses. The Act laid the groundwork for subsequent antitrust laws and is considered a foundational piece of legislation in antitrust policy in the United States. It enabled the federal government to take action against businesses that engaged in anti-competitive practices.