Vocab on progressive era and world war Flashcards
Trust-
when multiple people would invest in a company
Laissez faire
When there were no government regulations
Knickerbocker Trust
The big trust in 1907
Muckrakers
dug up dirt on America to point out all of its cons (U.S. citizens)
Mahan’s book
Argued that the size of your navy represented your wealth
the agreement of siusex
An agreement between germany and the united states that they would not sink cargo ships with supplies
The Committee on Public Information (1917–1919)
CPI or creel committee that tried to support the War
Imperialism
When one country takes over another country economically and politically (helped America spread influence)
War economy
The federal government took control of the wartime economy
Federal Reserve Act
Established the Federal reserve board to oversee the banking system
Underwood Tariff Act
Lower tariff to help farmer and small businesses
Clayton Act
Gave power to those using Sherman antitrust act to break up monopolies
Federal Trade Commission act
Stated what businesses could and couldn’t do
Revenue act
Continued the redistribution of wealth and taxation of business profits and estates
Expedition act of 1903
Hire more lawyers to work for the government to take more action, under the Sherman antitrust act