apush unit 7 laws/acts

• Prohibition


  a ban on the production, sale, and consumption of alcohol, achieved temporarily through state laws and the 18th Amendment
• initiative


  Procedure by which citizens can introduce a subject for legislation, usually through a petition signed by a specific number of voters
• referendum


  submission of a law, proposed or already in effect, to a direct popular vote for approval or rejection
• recall


  The process of removing an official from office by popular vote, usually after using petitions to call for such a vote
• Sherman Antitrust Act


  The first federal antitrust measure, passed in 1890; sought to promote economic competition by prohibiting business combinations in restraint of trade or commerce
• Hepburn Act


  act that strengthened the Interstate Commerce Commission by authorizing it to set maximum railroad rates and inspect financial records
• Food and Drug Act

  Act that established the Food and Drug Administration, which tested and approved drugs before they went on the market
• New Freedom


  Woodrow Wilson's 1912 program for limited government intervention in the economy to restore competition by curtailing the restrictive influences of trusts and protective tariffs, thereby providing opportunities for individual achievement
• Underwood-Simmons Act


  Reform law that lowered tariff rates and levied the first regular federal income tax
• 16th Amendment


  authorized a federal income tax
• Federal Reserve Act


  the 1913 law that revised banking and currency by extending limited government regulation through the creation of the Federal Reserve System
• Clayton Antitrust Act


  replaced the old Sherman Act of 1890 as the nation's basic antitrust law. It exempted unions from being construed as illegal combinations of trade, and it forbade federal courts from issuing injunctions against strikers
• Federal Trade Commission


  government agency established in 1914 to provide regulatory oversight of business activity