Woodrow Wilson's Economic Reforms

Makayla·

History

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At a Glance

Grade Level8th Grade

SubjectHistory

Original Prompt

Woodrow Wilsons financial reforms, anti trust measures, FTC, federal income tax, federal reserve system

This resource examines Woodrow Wilson's economic reforms during the Progressive Era, focusing on his initiatives such as the Federal Reserve Act of 1913 and the 16th Amendment, which aimed to stabilize the nation's economy and regulate corporate power. It discusses the climate of the Progressive Era, highlighting Wilson's 'New Freedom' plan designed to dismantle monopolies and promote competition. Key concepts covered include the significance of a centralized banking system, the introduction of a graduated income tax, and the contrasting approaches of the Federal Trade Commission and the Clayton Antitrust Act in combating corporate power. Visual analysis and guided notes further enhance understanding of the economic landscape during Wilson's presidency.