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Taft/Wilson Progress
| Term | Definition |
|---|---|
| William Howard Taft | — The 27th President of the United States (1909–1913) who later became Chief Justice of the Supreme Court; known for supporting trust-busting and conservative policies. |
| Clayton Antitrust Act | — A federal law that made certain business actions illegal to keep competition fair and protect consumers and small businesses from unfair business practices. |
| Revenue | — Money collected by the government, mainly from taxes, that pays for public services like schools, roads, and safety. |
| Sixteenth Amendment | — A change to the U.S. Constitution that allowed Congress to collect a federal income tax from people’s earnings. |
| Federal Reserve Act | — A law that created the Federal Reserve System, the central bank of the United States, to help manage the country’s money supply and keep banks stable. |
| Socialism | — An economic and political idea where the government or the community owns or controls major businesses and resources so wealth and services are shared more equally. |
| Seventeenth Amendment | — A change to the U.S. Constitution that allowed U.S. senators to be elected directly by voters, instead of being chosen by state legislatures. |
| William Jennings Bryan | — A political leader and three-time presidential candidate known for supporting farmers, working people, and reforms like income tax and direct election of senators. |
| Bull Moose Party | — A progressive political party formed in 1912 by Theodore Roosevelt that wanted reforms like stronger government regulation of business and social improvements. |
| Segregation | — The practice of separating people based on race or other groups, often leading to unequal treatment and opportunities. |
| Trust-busting | — Government actions to break up or regulate very large companies (trusts) so they cannot control prices or crush competition. |
| Progressive (Progressivism) | — A reform movement in the early 1900s that pushed for changes to make society fairer, such as better working conditions, government honesty, and consumer protections. |
| Direct election | — A system where voters cast ballots directly for the person who will hold an office (for example, voting directly for a senator). |
| Regulation | — A rule made by the government to control how businesses operate and protect the public interest. |
| Income tax | — A tax people pay on the money they earn from jobs or investments; used by the government to fund services. |