Реферат: United States History Essay Research Paper

II. 1890 – 1929

a. regulation

1. Acts begin to show their teeth

i. Sherman Anti-Trust Act

ii. Interstate Commerce Act

2. Monopolies started to be broken up

i. “Trust Busters”

a. Teddy Roosevelt

b. Woodrow Wilson

ii. regulation of business more strict

3. People start to realize the evils of a laissez-faire economy

i. no one but big business would profit

4. old styles of thing are soon taken over by a new thinking

i. all people are important

ii. economy which was mainly directed towards the few wealth was now being directed towards the majority, not the minority

b. business in General

1. unions legal

i. AFL

2. per capita income rose from $450 to $567

3. even presidents view changed with the election of Roosevelt

i. ” President was steward of the people”

ii. Hepburn Act

a. regulated RR

b. moved to rid laissez-faire

4. Corrupt business tactics reformed

i. Pure Food and Drug Act

a. to control the unscrupulous tactics of the big businesses and to help the conditions of life.

5. important people are more concerned with the poverty of the country

i. presidents