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20 January, 19:33

Which of the following laws focuses specifically on regulation the railroad industry

A. Interstate commerce act

B. Sherman Anti-trust act

C. laissez - faire policies

D. Protective tariffs

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  1. 20 January, 19:51
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    Out of the given laws, the law that focuses specifically on regulation of the railroad industry is the Interstate Commerce Act.

    Answer: Option A

    Explanation:

    The Interstate Commerce Act was primarily passed and implemented in order to bring convenience in the commercial activities that were carried out between the states.

    The act took into consideration the uniformity in the areas of tariffs, taxes, procedures, licensing, transport, etc. The act brought significant changes in the way the states looked at the development of the railroad industry.
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