Progressivism Flashcards

(35 cards)

1
Q

progressivism

A

the act of correcting society’s wrongs due to the rapid growth of cities and industry through political and social reform movements

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2
Q

3 areas of focus for improvement for progressives

A
  1. promote social welfare (safety, health, working conditions).
  2. expand democracy (more voting opportunities)
  3. create economic reform (regulating business)
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3
Q

muckraker

A

a writer who tried to expose corruption in American society and fuel public demand for reform

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4
Q

direct primary

A

an early election in which voters narrow down the field of candidates running for public office

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5
Q

recall

A

to vote elected officials out of office through petitions and elections (state legislative)

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6
Q

referendum

A

a bill created by the legislative branch of a state that citizens vote and decide on

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7
Q

initiative

A

a bill proposed by a citizen that is voted on by others in a state

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8
Q

Sherman Antitrust Act

A

a law made in 1890 that outlawed corporations to gain control of industries by forming trusts/monopolies

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9
Q

Theodore Roosevelt

A

president after McKinley in 1901, created a “square deal” to ensure fairness for workers, consumers, and big businesses

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10
Q

conservation

A

controlling resource usage

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11
Q

civil rights

A

equal rights granted to all citizens

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12
Q

trust

A

a kind of monopoly formed when businesses join together in order to hold stock

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13
Q

socialism

A

system in which the state controls the economy

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14
Q

William Howard Taft

A

Republican president handpicked by Roosevelt in 1908 to carry on his own progressive policies, like attacking
trusts; passed 16th and 17th Amendments

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15
Q

16th Amendment

A

gave Congress the power to create federal income taxes

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16
Q

17th Amendment

A

gave voters the right to elect Senators directly

17
Q

Bull Moose Party

A

Progressive, political party created during Taft’s presidency when a split developed between Taft and other Republican leaders who supported TR

18
Q

Clayton Antitrust Act

A

law that further prohibited monopolies and business practices that lessened competition; allowed labor unions to expand and legalized strikes

19
Q

Federal Reserve Act

A

law that created the modern banking system and passed by Wilson

20
Q

prohibition

A

A ban on the production and sale on alcohol

21
Q

18th Amendment

A

made prohibition federal law; banned production, transportation, and sale of alcohol

22
Q

Susan B. Anthony

A

President of National American Women Suffrage Association (NAWSA) and suffrage leader

23
Q

19th Amendment

A

Gave women the right to vote in 1920

24
Q

settlement houses

A

community center that provides education, healthcare, and daycare to the poor

25
suffrage (women)
the right to vote
26
How many banks did the Fed distribute money to?
12 regional banks across the country
27
How did the Fed make money?
Charges the banks interest rates that they pass onto their customers
28
Can you borrow or deposit money at a FRB?
no
29
T or F? Taxes paid to the US gov are deposited in the FRB for the gov to spend
True
30
T or F? The Fed has to keep records of all the money owed by the US gov which are in the form of loans, bills, and bonds
True
31
Will a check ever pass through the FRB?
Yes
32
Can the Fed buy or sell gov bonds?
yes
33
How does the Fed control consumer borrowing?
by raising or lowering the interest rates they charge to the banks
34
Who created the Federal Reserve System?
Wilson in 1913
35
Who is in charge of running the Fed?
the Board of Governors