Chapter 18 Vocab Flashcards
What is New Freedom
Wilson’s reform - focused on transferring power from the trust to small business and average citizens, resticting corporate influence, and reducing corrupution in the federal government
What is the square deal
Roosevelt’s reform program, focused on regulating big business, protecting workers and consumers, and preserving the environment.
What is a third party
A political party outside the 2 party system
What is the pure food and drug act
A 1906 federal law that established the food and drug administration to test and approve drugs before they go to market
What is arbitration
A legal process in which a neutral outside party helps resolve a dispute
What is preservation
The protection of wilderness lands from development
What is the conservation
The limited use of natural resources
What is the federal reserve system
The central banking authority of the United States which manages the nations money supply
What is the graduated income tax
An income tax requiring people with higher incomes to pay a larger percentage of their earnings than people with lower incomes
What is prohibition
A ban on the production and sale of alcoholic beverages
What is the 19th amendment
A constitutional change declaring that women have the right to vote in state and national elections