Define Progressivism in government
Explain Roosevelt’s “New Nationalism” and his beliefs about the existence of big business and it’s relationship with government (5-2)
Use the information we discussed on the 5-2 guided reading.
Explain Wilson’s “New Freedom” (5-4)
Free Enterprise – no government regulation
Regulating trusts “monopolies” gave the government too much power
Examples
Tariff reform
Allowing foreign competition to force US corporations to become more efficient, economical, and enterprising
16th amendment – direct taxation (income tax) sources of government revenue
Federal Reserve Act – ability of Federal Government to set interest rates
-The Federal Reserve can lower interest rates to stimulate the economy
*Explain how Roosevelt and Wilson views of business and the role of government were different and/or the same.
Provide examples for each Presidents’ policies
(ie. Roosevelt’s bureau of corporations)
1 page in length
1 paragraph each to explain Roosevelt's and Wilson's beliefs and 1 paragraph to compare/contrast their philosophies.
DUE: Tuesday 11/9
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