ThePanic of 1910–11 was a minoreconomic depression that followed the enforcement of theSherman Antitrust Act, which regulates thecompetition among enterprises, trying to avoidmonopolies and, generally speaking, a failure of the market itself.[1] The short-term panic lasted approximately 1 year and led to a drop of the major U.S.stock market index by ~26%. It mostly affected thestock market and business traders who were smarting from the activities oftrust busters, especially with the breakup of theStandard Oil Company and theAmerican Tobacco company.[2]
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