The correct answer is: "the Marshall Plan"
The Marshall Plan was an initiative launched by the US in 1948 to help the recovery of Western European countries after WWII. $ 12 billion were sent to rebuild those countries and to boost their economies by rebuilding factories, infrastructures, civil buildings, etc.
The US had adopted the containment strategy, a foreign affairs approach which focused on stopping the spread of communism worldwide. Therefore, rebuilding Western Europe under the influence of the US was beneficial because the Western European powers would side with the US and act as a barrier for containing communism, that was in fact suceeding on the Eastern regions of the continent.
B. Monopoly was legal and could continue business
C. Government should ignore trusts
D. Government should encourage monopolies
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
The Church taught that it had authority over every person.
The Church had an army larger than any other feudal army.
The Church had control over most of Europe's food supply.
The answer is: The Church taught that it had authority over every person. As most institutions were run by religious leaders, the Church had a lot of influence over how people were taught and treated. Places such as schools and parishes, where people attended regularly and were taken as the center of their daily activities, and as church members were in charge of this places, they had the possibility to teach whatever was convenient for them.
The Church taught that it had authority over every person. The reason for this was during the Middle Ages, things were very disorganized. The only organized institution was the Church. I had the power to crown kings and thus exerted a strong influence on a kingdom.