long Answer Flashcards

1
Q

Wilsons high finance

A

What’s the need to strengthen banks and adjust the money in circulation his solution was to establish a private bank system under government control the Federal Reserve act divided the nation at 12 districts and establish original central bank in each district these bankers banks served the other banks in the districts Federal Reserve can issue new paper money member bank could use the currency to make loans they can transfer funds to other banks this is called the federal reserve system

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2
Q

progressivists solved business problems

A

Muckraker
Assembly-line
1904-national child labor committee brought photographic and statistical data politicians resulting in child they were being banned in most states
Pure food and drug

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3
Q

How progressives solve problems with politics

A

17th amendment allowed for the direct election of Senators by the people
Natural disasters led to the forming of committees Who specialize in certain areas also known a scientific management
19th amendment

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4
Q

Roosevelt’s reforms

A

forest reserve act- set aside forest reserve land national parks
New lands act- funded irrigation projects

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