Political Developments: Roosevelt on Corruption Flashcards
1
Q
What role of authority did Theodore Roosevelt have in the mid-1890s?
A
He was the Chief of Police for New York
2
Q
What name did Roosevelt create for monopoly owners?
A
The “Wealthy criminal class”
3
Q
Which two political groups did Roosevelt oppose and why?
A
Socialists and Populists, he did not understand why they would want the government to have so much power
4
Q
How many millionaires were there in the United States in 1901?
A
4000
5
Q
How many people was it believed to be that controlled the majority of American Industry in 1901?
A
20 people
6
Q
What percentage of America’s GDP was the equivalent of Rockefeller’s Net worth in 1909?
A
2.5%
7
Q
What did Roosevelt say in his first speech to Congress?
A
He would take down big businesses
