Home > History Fact Finder > Economics and Business - When Was The Interstate Commerce Commission Established?
Economics and Business - When Was The Interstate Commerce Commission Established?
When was the Interstate Commerce Commission established?
The Interstate Commerce Commission (ICC) was established in 1887. The U.S. Congress (the country's law-making body) created the ICC to regulate the rates and services of carriers who transport passengers and/or freight from state to state. With the expansion of the railroads during the 1800s, some farmers complained of unfair freight practices. Though some states tried to regulate freight services, controls were needed at the national level. The ICC had jurisdiction over trucking, bus services, water carries, delivery services, and even oil pipelines. By the 1990s this commission was considered unnecessary, however, and was disbanded on December 31, 1995.
Further Information: Gordon, John Steele. "R.I.P., ICC." American Heritage. May-June, 1996, pp. 22–23; Interstate Commerce Commission. [Online] Available
[The entire page is 201 words long]
Join eNotes
Over 3,500 study guides, question and answer forums, literature criticism, reference content, and much more!
Navigate
-
Systems And Terms
- What is laissez-faire capitalism?
- What is mercantilism?
- Why do economists still regard Adam Smith so highly?
- What is Keynesian economics?
- What were indentured servants?
- What was triangular trade?
- How were finished goods made before the Industrial Revolution?
- When was the New York Stock Exchange founded?
- What is the system of scientific management?
- Who invented the assembly line?
- What is a robber baron?
- What is a Horatio Alger story?
- What was Black Tuesday?
- What was the New Deal?
- Why was the Sherman Anti-Trust Act important?
- What is e-commerce?
- Money
-
Industries
- What was the National Bank Act?
- What is the Federal Reserve?
- How did the American tobacco industry begin?
- What were the Navigation Acts?
- What was the Cumberland Road?
- What was the Pony Express?
- How did the invention of barbed wire change the West?
- When was the biggest gold rush in U.S. history?
- What was the Comstock Lode?
- What is black gold?
- When did diamond mining begin in Africa?
- How did the American textile industry begin?
- How did Eli Whitney happen to invent the cotton gin?
- What was "king cotton"?
- How did the invention of the reaper change America?
- What were bonanza farms?
- How did the American cattle industry get started?
- What is Bessemer process?
- When did chain stores begin?
- When did department stores begin?
- How has the mail-order business changed since the nineteenth century?
- Who was Rosie the Riveter?
- Why was Ford's Model T so important to American history?
- How did plastic revolutionize modern life?
- How long ago was computer giant Microsoft founded?
