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Published byAbraham Casey Modified over 9 years ago
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Attacked “triple wall of privilege” that blocked small businesses from being free trusts, banks, tariffs “New Freedom” plan to control corporations
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Underwood Tariff Act (1913): cut tariffs (if US companies’ prices too high, easier to buy foreign goods) Federal Reserve Act (1913): Fed regulates economy (adjusts interest rates, etc.) Clayton Anti-Trust Act (1914): limited businesses’ activities, protected workers’ right to strike Federal Trade Commission (FTC; 1914): monitors unfair business practices
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16 th : graduated income tax – 1913 17 th : direct election of senators – 1913 18 th : outlawed alcohol {Prohibition} – 1919 19 th : women’s right to vote {suffrage} – 1920
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Increased influence of voters Regulated big business Protected environment Assumed responsibility for welfare of workers/ consumers Monitor economy Many problems still today?? WWI distracted Americans – ends Progressive Era
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