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.
...