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wilson, taft, federal trade& reserve, antitrust act

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Answer
Federal Trade Commission   Put and end to unfair buisness practices. Requires buisnesses to have reports.  
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Federal Reserve System   " A bank for banks" US needed a way to quikly adjust the amnt of $ in circulation and support private banks. Private banking system under federal control. Nation divided into 12 districks where these central banks could only issue $ in an emergency.  
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Clayton Antitrust Act   The purpose of this act is to strengthen the Sherman Antitrust act. Prohibited acquiring stock of other corporatioin, if doing so would create a monopoly. Samuel Gompers called it the Magna Carta for labor.  
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WIlliam H Taft.   Secretary of war picked by Roosevelt to run in the election. He won the presidency. He didnt enjoy being president. He angered conservationists by hiring Ballinger. Tafts support split.  
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Woodrow Wilson   From the south. Lawyer professor, president of princeton University, governor of New Jersey. Wilsons plan of Attack: 1. Trusts 2.Tariffs 3.High Finance (New Freedom)  
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progressivism   aimed to restore econimic opp. & correct injustices in american life  
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Created by: historyp3
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