Question

Capitalism is based on the concept that the business should operate outside of the influence and/or control of government, however, American Capitalism has frequently been impacted by government regulations. 1) How have The Sherman Antitrust Act, The Clayton Act, and The Federal Trade Commission Act positively impacted American Capitalism? 2) Why is the existence of a trust and the diminishing of competition a threat to Capitalism? 3) How would the invisible hand of competition (on which Capitalism is based) solve practices seen to be harmful or unfair by a society? 4) Do you think that the government is correct to, on a limited basis, intercede in business to protect our society or do you feel that competition should be allowed to sort everything out on its own?

          Capitalism is based on the concept that the business should operate outside of the influence and/or control of government, however, American Capitalism has frequently been impacted by government regulations.
1) How have The Sherman Antitrust Act, The Clayton Act, and The Federal Trade Commission Act positively impacted American Capitalism?
2) Why is the existence of a trust and the diminishing of competition a threat to Capitalism?
3) How would the invisible hand of competition (on which Capitalism is based) solve practices seen to be harmful or unfair by a society?
4) Do you think that the government is correct to, on a limited basis, intercede in business to protect our society or do you feel that competition should be allowed to sort everything out on its own?

Added by Sally L.

Question

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