Ch 29 Progressivism ID- GOP Divided by Bull Moose Equals Dem. Victory (680) Summary 1- Who are the three candidates running for President caricatured in.

Ch 29 Progressivism

• ID- GOP Divided by Bull Moose Equals Dem. Victory (680)• Summary 1- Who are the three candidates running for

President caricatured in this painting?– President Taft, Theodore Roosevelt, Woodrow Wilson

• 1) Identify the New Freedom and who championed it?– Wilson- Gov. idea was to break up monopolies, support small business’

(take Progressivism even further)• 2) What were several of TR’s ideas that were shared with Herbert Croly?

• Roosevelt- New Nationalism- regulate industry, support workers (minimum wage, workers compensation, women's suffrage, limit workday and week)

– All these ideas are part of out society today

• 3) What made the campaign of 1912 so unique?– Third political party (Bull Moose- TR’s party he started after

he lost Rep. nomination) was competitive (and 4th showed up)• Eugene Debs- Socialist Party- Government should

control major industries and share the wealth ( won 6% of vote)

• Result- Wilson (Dem) won 42% of vote, TR (Bull Moose Party) 27%, Taft (Rep) 23%

• ID- Woodrow Wilson at Princeton Commencement (683)• Summary 2- Who is standing next to Wilson? (Who is he?)

– Andrew Carnegie (Carnegie Steel, Robber Baron, Gospel of Wealth)• Summary 3- What 2 jobs did Wilson serve before he became

President?– Pres. Of Princeton University, Governor of New Jersey

• OI- Wilson Tackles the Tariff• 4) What did Wilson want to attack as President?

– Trusts and monopolies (Wilson felt they should be broken up into little companies)

• 5) What was the Underwood Tariff and why was it significant?– Lowered tariff (forced Gov. to find a new way to raise $)

– 6) What did the government replace the tariff with to raise revenue?

• 16th Amendment (graduated income tax where the rich pay at a higher rate than the middle class and lower class)

• ID- Reading the Death Warrant (684)• Summary 5- What area of the economy did Wilson seek to

reform in this painting?– Trusts (Wilson wants to end monopolies)

• Summary 6- What reform was passed? (EC- Where have you this agency’s name?)

– Federal Reserve Act (central bank of US that controls the dollar and amount of money in circulation)

• OI- The President tames the Trusts• 7) What was the goal of the Federal Trade Commission?

– Allowed the President to regulate interstate trade8) How did the Clayton Anti-Trust Act impact business?

Broke up monopolies/trusts

• 9) How did the Clayton Act help labor/workers?– Allowed workers the right to organize, form unions, strike