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Socialism
economic system in which the production and distribution of goods are controlled by congress/gov't -
Interstate Commerce Act
Required railroads to charge "reasonable and just" rates by outlawing pooling and rebates. Set up the ICC to oversee the railroad industry. -
Sherman Antitrust Act
Breaks up trusts and monopolies because they interfere with free enterprise system -
16th Amendment
Allows the federal government to collect income tax
