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?
What was the purpose of the Sherman Anti-trust Act? It outlawed contracts that restrained trade, and allowed the justice department to break up monopolies such as Standard Oil that limited competition for products or services.