1. 18.4 Notes (part 1)- Election of 1912 2. Video Clip: Wilson Presidency 3. 18.4 Vocabulary ***...
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Transcript of 1. 18.4 Notes (part 1)- Election of 1912 2. Video Clip: Wilson Presidency 3. 18.4 Vocabulary ***...
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1. 18.4 Notes (part 1)- Election of 1912
2. Video Clip: Wilson Presidency3. 18.4 Vocabulary
*** Unit 1 Exam Friday!***
![Page 2: 1. 18.4 Notes (part 1)- Election of 1912 2. Video Clip: Wilson Presidency 3. 18.4 Vocabulary *** Unit 1 Exam Friday!***](https://reader036.fdocuments.net/reader036/viewer/2022062803/56649efb5503460f94c0e5f9/html5/thumbnails/2.jpg)
18.4The Wilson Years1912-1920
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Four candidates 1912-Republican Party split
between conservative Republicans (Taft) and Progressive Republicans (Roosevelt)
Socialist: Eugene Debs This split created an
opportunity for Gov. of New Jersey Woodrow Wilson (D.)
Domestic program called New Freedom.
T.R. ran on the concept of New Nationalism.
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NEW NATIONALISM Accepted power of
trusts/monopolies but wanted to regulate them.
Regulate industry.
NEW FREEDOM Criticized T.R. for
allowing monopolies. Wanted to abolish
trusts and monopolies. Strict government
control over corporations.
Disapproved tariffs
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1. Finish 18.4 Notes: Wilson Presidency & Legacy of Progressivism
2. 18.4 Guided Reading Q’s
*** Unit 1 Exam Tomorrow!***
Current Event Due Friday
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• Look @ 18.4 Vocab…
• New Freedom plan called for strict government controls over corporations.
• Wilson promised to bring down the “triple wall of privilege:” tariffs, banks, and trusts.
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1913: Wilson & Congress create “The Fed.”
This is the nation’s central bank.
The Fed is a “bank for banks” (if they need $.)
The Fed controls interest rates by raising or lowering the rate it charges to banks.
The Fed controls the supply of currency.
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Federal Reserve Districts
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16th Amendment – Federal Income Tax (1913)
17th Amendment – Direct Election of Senators(1913)
18th Amendment - Prohibits Alcohol (1919)
19th Amendment – Women’s Suffrage (1920)
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The Progressive Era had a lasting effect on government, the economy, and society.
Political, social , and economic reforms, new laws and amendments, natural resource protection, etc.