Which year was the Federal Trade Commission established?

Prepare for the TExES Business and Finance 276 Test. Study with flashcards and multiple choice questions, each with hints and explanations. Get ready for your exam!

Multiple Choice

Which year was the Federal Trade Commission established?

Explanation:
The Federal Trade Commission was created in 1914. Congress passed the Federal Trade Commission Act and President Woodrow Wilson signed it into law that year, establishing the FTC to enforce consumer protection and antitrust laws. The goal was to curb unfair methods of competition and deceptive practices, marking a shift toward centralized federal oversight of business conduct. The agency began operating soon after, in the following year.

The Federal Trade Commission was created in 1914. Congress passed the Federal Trade Commission Act and President Woodrow Wilson signed it into law that year, establishing the FTC to enforce consumer protection and antitrust laws. The goal was to curb unfair methods of competition and deceptive practices, marking a shift toward centralized federal oversight of business conduct. The agency began operating soon after, in the following year.

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