What occurred during kennedys presidency

t established the right of judicial review.

It declared that Congress has implied powers.

It held that the federal government is supreme to the state governments.

Congress decided since none of the four candidates had received a majority vote in the election.

The best characterization of Japan in the early 1940s is C. It controlled a large empire.

How was Imperial Japan in 1940?

In early 1940s, Japan had the best army, navy, and air force in the Far East with well-trained manpower and modern weapons. With this, Japan controlled a large empire in China, Korea, and other Asian nations. Japan was not characterized as a natural enemy of Hitler's Germany, a small, or an isolated power.  It did not have a military government.

Thus, the best way to characterize Japan in the early 1940s is Option C.

Learn more about the Characterization of Japan in the early 1940s at brainly.com/question/1207517

Correct answer:

A. Monopoly was illegal and the trust should be broken up

Because they were combining powers in the stock market there was a monopolization during that time. The company Northern Securities Company was formed to control the stock of its main railway properties. In the year 1903 the Supreme Court of the USA determined that the monopoly was illegal and ruled against the shareholders of the railway companies of the Great North and the North Pacific and ordered the dissolution of the Northern Securities Company.

The Supreme Court regulated in the Northern Securities Trust case that monopoly was illegal and the trust should be broken up. The Northern Securities Case (1904), which founded President Theodore Roosevelt’s name as a “trust buster,” grasped the Supreme Court in 1904.

EXPLANATION:  

The Supreme Court regulated in the Northern Securities Trust was the first model of Roosevelt’s use of anti-trust legislature to disassemble a monopoly, in this case, a retaining company regulating the major railway lines from Chicago to the Pacific Northwest.

James J. Hill of St. Paul, Minnesota struggled against the efforts of his arch-competitor Edward H. Harriman to take control of Burlington, Chicago, and Quincy Railroad in 1901. Hill, who ran the Great Northern and North Pacific Railroads, aimed to obtain entree to Chicago for its tracks from the Twin Cities. Hill and Harriman worked closely with financier John D. Rockefeller and banker J. P. Morgan to establish the Northern Securities Company after a prolonged and potentially catastrophic bidding war for CB&Q.

Founded in the state of New Jersey (which had laws that support this type of bargain), Northern Securities held a majority stake in CB&Q, the North Pacific, and the Great Northern railways, along with small roads related to the three.

In 1902, President Theodore Roosevelt commanded his Department of Justice to divide this retaining company on the grounds that it was an unlawful combination that acted to limit trade. By applying the Sherman Anti-Trust Act, the federal government did so and the Northern Securities Company prosecuted to appeal the decision.  

The case went to the Supreme Court, where the judges decide 5-4 in favor of the federal government. Roosevelt's trial had ignored the advice of prominent Republicans and showed independence from party elders. It also increased the support of its people and helped in its election campaign in 1904.

LEARN MORE:  

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• The government not sued the northern securities railroad trust because it thought the trust was? brainly.com/question/5082675

• What is an example of “trust-busting” that Theodore Roosevelt enforced? brainly.com/question/1619983

KEYWORDS : Northern Securities Trust, North Pacific Railroads

Subject  : History

Class  : 10-12

Sub-Chapter : Northern Securities Trust

prevention of panic withdrawals