Ch 29 Progressivism ID- GOP Divided by Bull Moose Equals Dem. Victory (680) Summary 1- Who are the...
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Transcript of Ch 29 Progressivism ID- GOP Divided by Bull Moose Equals Dem. Victory (680) Summary 1- Who are the...
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Ch 29 Progressivism
• ID- GOP Divided by Bull Moose Equals Dem. Victory (680)• Summary 1- Who are the three candidates running for
President caricatured in this painting?– President Taft, Theodore Roosevelt, Woodrow Wilson
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• 1) Identify the New Freedom and who championed it?– Wilson- Gov. idea was to break up monopolies, support small business’
(take Progressivism even further)• 2) What were several of TR’s ideas that were shared with Herbert Croly?
• Roosevelt- New Nationalism- regulate industry, support workers (minimum wage, workers compensation, women's suffrage, limit workday and week)
– All these ideas are part of out society today
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• 3) What made the campaign of 1912 so unique?– Third political party (Bull Moose- TR’s party he started after
he lost Rep. nomination) was competitive (and 4th showed up)• Eugene Debs- Socialist Party- Government should
control major industries and share the wealth ( won 6% of vote)
• Result- Wilson (Dem) won 42% of vote, TR (Bull Moose Party) 27%, Taft (Rep) 23%
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• ID- Woodrow Wilson at Princeton Commencement (683)• Summary 2- Who is standing next to Wilson? (Who is he?)
– Andrew Carnegie (Carnegie Steel, Robber Baron, Gospel of Wealth)• Summary 3- What 2 jobs did Wilson serve before he became
President?– Pres. Of Princeton University, Governor of New Jersey
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• OI- Wilson Tackles the Tariff• 4) What did Wilson want to attack as President?
– Trusts and monopolies (Wilson felt they should be broken up into little companies)
• 5) What was the Underwood Tariff and why was it significant?– Lowered tariff (forced Gov. to find a new way to raise $)
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– 6) What did the government replace the tariff with to raise revenue?
• 16th Amendment (graduated income tax where the rich pay at a higher rate than the middle class and lower class)
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• ID- Reading the Death Warrant (684)• Summary 5- What area of the economy did Wilson seek to
reform in this painting?– Trusts (Wilson wants to end monopolies)
• Summary 6- What reform was passed? (EC- Where have you this agency’s name?)
– Federal Reserve Act (central bank of US that controls the dollar and amount of money in circulation)
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• OI- The President tames the Trusts• 7) What was the goal of the Federal Trade Commission?
– Allowed the President to regulate interstate trade8) How did the Clayton Anti-Trust Act impact business?
Broke up monopolies/trusts
• 9) How did the Clayton Act help labor/workers?– Allowed workers the right to organize, form unions, strike