The reasons why HR is important can vary depending on if you look at the issue from a manager or employee perspective. Below is a list of typical functions of a human resources department that will help you better understand the essential role of HR in a company. Why Is HR Important for Managers?
Interstate Commerce Act This act reestablished the right of the federal government to supervise railroad activities and established a five-member Interstate Commerce Commission. Why was the government so eager to promote the growth of railroads?
Herbert Hovenkamp. In 1890 public hostility toward the monopoly actions of large corporations was at a feverish pitch. The Sherman Antitrust Act (26 Stat 209) was designed to limit monopolistic and other anticompetitive practices by large American corporations such as Standard Oil Company. The act, immensely popular when it was passed, was named after Senator John Sherman of Ohio, one of the senators who originally proposed such a law.