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Chapter 13: Problem 12

The Interstate Commerce Commission (ICC) was established in a. 1887. b. 1890. c. 1929. d. 1933.

Short Answer

Expert verified
The Interstate Commerce Commission (ICC) was established in 1887 as the first independent regulatory agency of the United States government, created to regulate interstate commerce, particularly in the railroad industry.

Step by step solution

01

Identify the correct answer

The correct answer is 1887. The Interstate Commerce Commission (ICC) was established in 1887 as the first independent regulatory agency of the United States government. It was created to regulate interstate commerce, primarily related to the railroad industry.
02

Elaborate on the context

The Interstate Commerce Act of 1887 established the ICC in response to widespread public demand for the federal government to regulate railroad rates and practices. The ICC's establishment marked the beginning of federal regulation in various industries, with its role later expanding to include regulation of trucking, bus lines, and other forms of transportation. The ICC was eventually abolished in 1995, and its responsibilities were transferred to other federal agencies.

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