Master the Progressive Movement Test 2025 – Rev Up Your Knowledge Revolution!

Question: 1 / 400

What was the purpose of the Federal Trade Commission when it was created in 1914?

To regulate monopolies

To promote consumer protection

The purpose of the Federal Trade Commission (FTC), established in 1914, was fundamentally aimed at promoting consumer protection. The FTC was tasked with preventing unfair or deceptive acts or practices in commerce, making it a key player in safeguarding consumers' interests. By focusing on consumer protection, the FTC sought to ensure that businesses engaged in fair trade practices, thus enhancing market competition and allowing consumers to make informed choices.

While regulating monopolies, supporting fair trade practices, and overseeing environmental policies are crucial aspects of economic governance, the quartered authority of the FTC primarily centers around protecting consumers from misleading or fraudulent business practices and ensuring that the market operates fairly.

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To support fair trade practices

To oversee environmental policies

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