Question
Use the cartoon entitled "The Bosses of the Senate" to answer the question.
Industrialists wearing money bags stand around and observe the U-S Senate. Their shirts label them as Standard Oil, Sugar Trust, Steel Beam Trust, and other types of trusts.
Based on this cartoon, why was federal regulation of business becoming increasingly important in the late nineteenth century?
A.
The pace of industrial development slowed due to the development of monopolies.
B.
Monopolies were using their economic power to expand their political influence.
C.
Businesses were struggling to earn profits and an economic depression was likely.
D.
Businesses could not afford to pay workers due to the growing power of labor unions.
Industrialists wearing money bags stand around and observe the U-S Senate. Their shirts label them as Standard Oil, Sugar Trust, Steel Beam Trust, and other types of trusts.
Based on this cartoon, why was federal regulation of business becoming increasingly important in the late nineteenth century?
A.
The pace of industrial development slowed due to the development of monopolies.
B.
Monopolies were using their economic power to expand their political influence.
C.
Businesses were struggling to earn profits and an economic depression was likely.
D.
Businesses could not afford to pay workers due to the growing power of labor unions.
Answers
GPT-4o mini
Based on the description of the cartoon "The Bosses of the Senate," the correct answer is:
**B. Monopolies were using their economic power to expand their political influence.**
The cartoon depicts industrialists as controlling figures around the Senate, which suggests that they were able to use their economic power to influence political decisions. This reflects concerns during the late nineteenth century about the growing power of monopolies and trusts in both the economy and politics, prompting the need for federal regulation.
**B. Monopolies were using their economic power to expand their political influence.**
The cartoon depicts industrialists as controlling figures around the Senate, which suggests that they were able to use their economic power to influence political decisions. This reflects concerns during the late nineteenth century about the growing power of monopolies and trusts in both the economy and politics, prompting the need for federal regulation.