4 - Emergence on the World Stage ('12-'20)

Question 1

Legislation/Events

Answer 1

• Child Labour Act ‘16 - dealt w/ 2M under 16 workers w/ no education by banning the sale of products from factories that employed children, but ruled ‘Unconstitutional’
• Workmen’s compensation Act ‘16 - offered financial assistance if absent due to illness or injury
• Adamson Act ‘16 - Max of 8 hrs work for Railroad workers
• Clayton Anti-Trust Act ‘14 - expanded list of prohibited business practices to create a fairer market
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• Federal Farm Loan Act ‘16 - Federal Farm Loan BOARD oversaw:
  
  • Federal Land Banks
  • Mortgage Rates of Interest
  • Intervene in Irresponsible Loans
• Federal Trade Commission ‘14 - Trade Regulation; ruled out ‘Unfair Methods’ of trade competition
• Federal Reserve Act ‘13 - Introduced the Federal Reserve System to oversee monetary policy
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• 16th Amendment - ‘13, Income Tax
• Underwood Tariff Act ‘13 - lowered avg. tariff rates from 40% to 27% & reintroduced a Federal Income tax

Question 2

1912 Election

Answer 2

• Wilson won mainly due to TR & Taft pslitting the Republican vote:
  
  • Wilson 42%, TR 27%, Taft 23%, Debs 6%
  • TR considered Taft too conservative, & the Republican party was becoming more fractured between progressivism & conservatism
• 59% of population voted
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• Wilson Campaign - NEW FREEDOM: individual & state rights, he was endorsed by Bryan & won less votes than he had, but still won
• TR Campaign - NEW NATIONALISM: welfare state, minimum wage for women, social security system
• Taft Campaign - Conservative, said TR was “running for his ego”