Progressive Era

             Progressivism was a period of American history in which improving
             working conditions, the way of life, exposing corruption, expanding democracy and
             making reforms was the main idea of this period. Many of the citizens granted and
             demanded a change in numerous areas such as business, labor, economy, consumers and
             an increase of democracy. The progressive period was marked with the arrival of three
             great presidents Roosevelt, Taft, and Wilson all three of these presidents fought for the
             Teddy Roosevelt was known as the "trust buster" and that is exactly what
             he did to help control big business. Many large corporations had complete control of the
             services that they were selling. Roosevelt went in to these companies and helped to stop
             this type of monopoly. The biggest trust that Roosevelt busted was the one involving
             Northern Securities and J.P. Morgan. Roosevelt was also a big supporter of labor he tried
             almost everything and anything to help the citizens of the United States. Teddy set up
             child protection laws, which were used to prevent children to work in factories, and it also
             reduced the amount of time they worked.
             Roosevelt also set up workman's compensation, which is a payment that
             employers had to pay employees who get injured on the job. President Wilson also tried to
             help and improve the conditions for workers he did this by adding and income tax. This
             type of income tax is called a progressive or graduated which would rise with the amount
             of money that a person makes. This really helped the poor because they were taxed less
             than big business men were. Wilson helped the economy by instituting a Federal Reserve
             Bank. This bank was a system in which there would be twelve federal reserve banks all
             throughout the country. All national banks were required to join this system. This bank
             system made a compromise between private and public control.
             ...

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Progressive Era. (1969, December 31). In MegaEssays.com. Retrieved 11:54, April 26, 2024, from https://www.megaessays.com/viewpaper/88205.html