Progressivism Flashcards

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
Q

suffrage (women)

A

the right to vote

26
Q

How many banks did the Fed distribute money to?

A

12 regional banks across the country

27
Q

How did the Fed make money?

A

Charges the banks interest rates that they pass onto their customers

28
Q

Can you borrow or deposit money at a FRB?

A

no

29
Q

T or F? Taxes paid to the US gov are deposited in the FRB for the gov to spend

A

True

30
Q

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

A

True

31
Q

Will a check ever pass through the FRB?

A

Yes

32
Q

Can the Fed buy or sell gov bonds?

A

yes

33
Q

How does the Fed control consumer borrowing?

A

by raising or lowering the interest rates they charge to the banks

34
Q

Who created the Federal Reserve System?

A

Wilson in 1913

35
Q

Who is in charge of running the Fed?

A

the Board of Governors