Teddy Roosevelt, Trust Busting, The Square Deal, and the PFDA

Trust

A relationship whereby property is held by one party for the benefit of another. This is created by a settlor, who transfers some or all of his or her property to a trustee

Franklin Delano Roosevelt

Creator of the second deal, the New Deal

Harry S. Truman

Creator of the third deal, the Fair Deal

Gilded Age

Era of railroads, industrialization and frenzied finance, the real characteristic of this period was the unprecedented concentration of wealth and power in the hands of a few capitalists and promoters.

Trust Busting

Government activities aimed at breaking up monopolies and trusts.

PFDA

Preventing the manufacture, sale, or transportation of adulterated or misbranded or poisonous or deleterious foods, drugs, medicines, and liquors, and for regulating traffic therein, and for other purposes.

The Square Deal

Teddy Roosevelt made this to vow that he would never favor any group of Americans and would be fair to all.

Theodore Roosevelt

The 26th president of the United States. He gained popularity from the Spanish-American War and is known for being a Rough Rider. He also became a cattle rancher in the Dakotas. He died in 1919.

Conservation of natural resources, Control of corporations, Consumer Protection

The 3 ideas of the square deal

William Howard Taft

This president signed more trust busting legislation than Roosevelt.