Chapter 4 - Vocabulary Flashcards
Political party that emerged from the Taft Roosevelt battle that split the Republican Party in 1912
Progressive party
Woodrow Wilson’s program to place government controls on the corporations in order to benefit small businesses
New freedom
Gave congress the authority to levy an income tax in 1913
16th amendment
Control of the money supply by central authority, including influencing interest rates to promote economic growth and stability
Monetary policy
Political military and economic domination of strong nations over weaker territories
Imperialism
Economy in a colony where the colonizing country removed raw materials and shipped them back home to benefit its own economy
Extractive economies
The belief that certain nations and races were superior to others and were destined to rule over inferior peoples and cultures (survival of the fittest)
Social Darwinism
Wrote the significance of the frontier in American history; American Historian whose works greatly influenced future writings about American history
Frederick Jackson Turner
Military historian and an officer in the U.S. Navy, played a key role in transforming America into a naval power. Wrote the influence of Sea power among history; believe strongly that control of the seas during wartime was crucial to the nation success
Alfred T. Mahan
Government agency established in 1914 to identify monopolistic business practices, false advertising, and dishonest labeling
Federal Trade Commission
In 1913 a law was placed so that national banks under the control of a federal reserve board can operate regional banks that hold the reserve funds from commercial banks, sets interest rates, and supervises commercial banks
Federal Reserve act
Roosevelt’s plan to restore the governments trustbusting power
New nationalism
