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Why was the Interstate Commerce Act of 1887 significant? A. It was the first time the federal government regulated a private industry. B. It applied US interstate commerce laws to trade with foreign nations. C. It established the Federal Trade Commission. D. It exempted railroads from federal government regulations.

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User Feepk
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5 votes

Answer:

Answer: A - It was the first time the federal government regulated a private industry.

Step-by-step explanation:

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User Cuonglm
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Answer: A- It was the first time the federal government regulated a private industry.

Step-by-step explanation:

In 1887, Congress passed the Interstate Commerce Act, making the railroads the first industry subject to federal regulation. After the civil war railroads were privately owned and entirely unregulated. Each company held a natural monopoly, so they were regarded with distrust by much of the public, who charged them with anything from forming monopolies and wielding corrupt political influence

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User Benson Lin
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