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.