15-3 the Wilson years

The Board of Governors of the regional banks had the power to

-regulate circulation of currency -set national interest rates

What was one effect progressivism had on the American public's opinion of government?

the government was to regulate the economy

wilson believed monopolies should be..

destroyed

What was one of the great failures of progressivism as a social and political movement?

failed to address racial, ethnic, and religious discrimination in the country.

In order to provide security for bank customers and oversight of U.S. banks, Wilson supported the creation of the

federal reserve

One important provision in the Underwood Tariff Act of 1913 that affected individuals directly was

income taxes on individual earnings

How did Wilson attempt to prompt American businesses to become more efficient and competitive in the global market?

lowering tariffs on imported goods by 30%

woodrow wilson was the govenor of..

new jersey

TR believed monopolies should be

regulated

wilson believed TR gave the government

too much power

Wilson supported the creation of the Federal Trade Commission, or FTC, in order to prevent companies from engaging in

unfair trade and limited competition