Regulation of big business played a major(ip) role in the Progressive Era. According to Holcombe (1996) Teddy Roosevelt believed that it was the presidents stage business to intervene in the nations business industry. Often big businesses overpowered smaller businesses and didnt allow for fair competition. Throughout his presidency, Roosevelt was known for his trust busting. T.R. believed that in that respect were both good and bad trusts.

Roosevelt wanted to standardize business by bunkting rid of bad trusts and regulating good trusts. Roosevelt revived the Sherman Antitrust Law, which made trust tycoons careful about how they handled their businesses. During his term, Roosevelt created the Mann-Elkins Act, which increased authority of the ICC, as well as the Hepburn Act. This make for established the federal governments first true domestic political economy regulatory authority (Holcombe, 1996). Roosevelt inspired and encouraged the American volume with a renewed focus on the betterment and fruit of all. He shared this vision with his presidential cabinet and with the American people through his 1910 New Nationalism Speech. He...If you want to get a full essay, order it on our website: Ordercustompaper.com
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