Regulation — Social Studies definition

Defined in 3 courses:

Where it is taught

In use

The Interstate Commerce Act of 1887 addressed railroad regulation, while the Sherman Antitrust Act of 1890 addressed restraints on trade and monopoly through federal law.

Gilded Age Government, Regulation & Agrarian Politics

Questions using regulation

Problem 1

Why should railroad regulation not be confused with public ownership?
Answer and explanation

Regulation establishes rules or oversight for an activity; public ownership changes who owns and operates it. The Interstate Commerce Act created a federal regulatory framework, rather than transferring all railroads to federal ownership. The regulator’s powers and enforcement still require investigation.

Taught alongside

Elsewhere

Browse all courses