Answer quickly ! question 1: in the government ruining against standard oil in the early 1900s, congress recognized the need
a. for the public to have access to natural resources.
b. for price controls in a command economy.
c. to protect competition in a mixed economy.
d. to protect the common good in a market economy.

question 2: how do government regulations like the sherman antitrust act benefit americans?
a. they ensure individual freedom.
b. they keep competition open and fair.
c. they protect the ideals of the u. s. constitution.
d. they protect the safety of all americans.

-Question 1: In the government ruining against Standard Oil in the early 1900s, congress recognized the need

A. For the public to have access to natural resources.

B. For price controls in a command economy.

C. To protect competition in a mixed economy.

D. To protect the common good in a market economy.

The correct answer is D. To protect the common good in a market economy.

Indeed, the Supreme Court ruled that the practices of Standard Oil were monopolistic and although they had been considered legal under common law, their methods and consequences were the prices for the consumer increased, the production of oil decreased and the quality of oil also decrease which not only constituted a restraint of trade but also damaged consumers.

Question 2: how do government regulations like the Sherman antitrust act benefit Americans?

A.they ensure individual freedom.

B. They keep competition open and fair.

C. They protect the ideals of the U.S. Constitution.

D. They protect the safety of all Americans.

The correct answer is B. They keep competition open and fair.

Indeed, one of the main principles of capitalism is that competition between businesses forces them to innovate and maintain quality and offer the lowest possible prices to consumers at the best product quality. A consumer will be able to stop buying the products of a given company if these are too expensive or of very low quality and go and buy them from a competitor wit better prices and/or quality.

By becoming a monopoly, there is just one company and no competition, and consumers do not have a choice to buy their goods elsewhere as there is only one company that sells them at whatever price it chooses to and with whatever quality it decides. This lack of choice enables monopolistic companies to produce substandard, expensive goods that consumer have no choice but to buy since there are no competing manufacturers. The Sherman Act was passed exactly to avoid such cases.

i r r e l e v a n t

question 1: the kuwaiti government announced us$1.5 million in aid for rohingya refugees.they pointed out that it was imperative to take immediate and concrete steps to ramp up pressure on myanmar to put an end to the violence.and said   that they r just shameful

question 2: the rohingyas were not aloud to be seen as people in myanmar.in the last few years, before the latest crisis, thousands of rohingya were making perilous journeys out of myanmar to escape communal violence or alleged abuses by the security forces.the latest exodus began on 25 august 2017 after rohingya arsa militants launched deadly attacks on more than 30 police posts.rohingyas arriving in an area known as cox's bazaar - a district in bangladesh - say they fled after troops, backed by local buddhist mobs, responded by burning their villages and attacking and killing civilians.