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American hostility to big business began to decrease after the Progressive Era. For example, Ford Motor Company dominated auto manufacturing, built millions of cheap cars that put America on wheels, and at the same time lowered prices, raised wages, and promoted manufacturing efficiency. Ford became as much of a popular hero as Rockefeller had ...
Sherman Act 1890 § 1 Preventing collusion and cartels that act in restraint of trade is an essential task of antitrust law. It reflects the view that each business has a duty to act independently on the market, and so earn its profits solely by providing better priced and quality products than its competitors. The Sherman Act §1 prohibits "[e]very contract, combination in the form of trust ...
The Progressive Era (1901–1929) was a period in the United States during the early 20th century of widespread social activism and political reform across the country. [ 1 ] [ 2 ] Progressives sought to address the problems caused by rapid industrialization, urbanization, immigration, and political corruption as well as the enormous ...
t. e. Theodore Roosevelt (1858–1919) was the 26th President of the United States (1901–1909) and also served as Governor of New York and Vice President. He is known for becoming a leading spokesman for his version of progressivism after 1890. However, author Daniel Ruddy argues in his book Theodore the Great: Conservative Crusader that ...
t. e. Progressivism in the United States is a political philosophy and reform movement. Into the 21st century, it advocates policies that are generally considered social democratic and part of the American Left. It has also expressed itself with right-wing politics, such as New Nationalism and progressive conservatism.
The New Freedom was Woodrow Wilson 's campaign platform in the 1912 presidential election, and also refers to the progressive programs enacted by Wilson during his time as president. First expressed in his campaign speeches and promises, Wilson later wrote a 1913 book of the same name. After the 1918 midterm elections, Republicans took control ...
The Square Deal was Theodore Roosevelt 's domestic program, which reflected his three major goals: conservation of natural resources, corporate law, and consumer protection. [1] These three demands are often referred to as the "three C's" of Roosevelt's Square Deal. Thus, it aimed at helping middle-class citizens and involved attacking ...
The Bureau of Corporations, predecessor to the Federal Trade Commission, was created as an investigatory agency within the Department of Commerce and Labor in the United States. The Bureau and the Department were created by Congress on February 14, 1903, during the Progressive Era. The main role of the Bureau was to study and report on industry ...