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Wilson's New Freedom Reforms for kids:
1914 Federal Trade Commission Act (FTC Act)
President Woodrow
Wilson, like his predecessors Theodore Roosevelt and William Taft,
was a firm supporter of the
Progressive Movement and
Progressive reforms. His New Freedom polices included the
passing of the federal law known as the Federal Trade Commission Act
as part of his economic reform legislation program.
Federal Trade Commission Act for kids: Why was the amendment to the law passed?
What was its Purpose?
The purpose of the Federal Trade Commission Act
was to establish the Federal Trade Commission (FCC)
to protect consumers and maintain competition. It was as part of the
'trust-busting' battle and designed to prevent fraud, deception, and
unfair business practices in the marketplace and prevent
anti-competitive mergers and other anti-competitive business
practices in the marketplace.
Who lobbied the
Federal Trade Commission Act?
Lawyer George Rublee
was a standard-bearer for the Progressive Party and lobbied for the Federal Trade Commission Act
and was instrumental in the creation of Section 5 of the FTC Act,
which gave the Commission prosecutorial authority to challenge
unfair methods of competition.
What did the
Federal Trade Commission Act do?
The Federal Trade Commission Act
gave the Federal Trade Commission (FCC)
authority to: ● Protect consumers from
greedy or unfair business practices
● Provided a forum for
American citizens to complain about unfair business practices of
a company
● Investigate corporate
conduct
● Issue cease and desist
orders to companies engaging in unfair practices
Federal Trade Commission Act for kids: Related Subjects
In a 1938 amendment, the Federal Trade Commission
(FCC) was given expanded powers in halting merger activities. For
additional information refer to the
Clayton Antitrust Act
that revised the
1890 Sherman Antitrust Act and banned monopolistic
practices by business and affirmed the right of workers
to go on strike.
Federal Trade Commission Act
for kids
The info about the Federal Trade Commission Act provides interesting facts and
important information about this important law that
was passed during the presidency of the 28th President of the United States of America.
Federal Trade Commission Act - President Woodrow Wilson Video
The article on the Federal Trade Commission Act provides detailed facts and a summary of one of the important
progressive reforms and federal laws passed during his presidential term in office. The following
Woodrow Wilson video will
give you additional important facts and dates about the political events experienced by the 28th American President whose presidency spanned from March 4, 1913 to March 4, 1921.
Federal Trade Commission Act
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Interesting Facts about the Trade Commission Act for kids & schools
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Key events
and Federal Trade Commission Act for kids
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The Federal Trade Commission Act, a major
event in US history
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Woodrow Wilson Presidency from March 4, 1913 to March 4, 1921
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Fast, fun facts about the Federal Trade Commission Act
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Progressive laws and reforms of President Woodrow Wilson
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Woodrow Wilson Presidency and
Federal Trade Commission Act for schools,
homework, kids and children |
