Federal Reserve System

Due to the rise of industrialization in America, urban cities emerged. yet though there was prosperity, reforms were needed as a installation for our society. The rise of business and city growth brought mass people to flourishing cities, enriching urban life. Cities grew with immigrants and middle class people, including women, who worked in boom factories. Shopping centers, department stores and chain stores worked to meet the need for goods. This duration arose as a response to the change that was brought from the business and cities growth. The federal official Reserve System was established to supply regulation of banking book of facts in raise to provide a growth for the parsimoniousness and was a contributor to the Progressive time that had economic, political, social and moral reforms. (Library of Congress)
The Progressive Era is a period in which around(prenominal) political, economic and moral reforms occurred. Through progressivism, Americans worked to make society a more organized, equal, and safe place to live. They strived to make corrupted municipal g everyplacenments to better living conditions for people who lived in the slum, and improve functional conditions in industries. (Library of Congress) Reforms and regulations were made to abolish exploitation of child labor, abuses of trusts, and in addition to abide to womens suffrage.



Progressives supported workers compensation, minimum wage, maximum hours legislation (mainly for women workers), and widows pensions in order to correct the worst features of industrialization. In the 1900s to 1920s both(prenominal) political parties sought to correct wrong and disruption this instant the U.S. entered a period of prosperity and progress. (Link)
Urged by crusading intrapreneurs the Progressive Era became economically dominated by corporations. Although this rise of domination over most of Americas money enriched the wealthy some people were left pressured with competition from high rising business. correspond to Americana Encyclopedia middle class people were...If you want to shoot for a full essay, order it on our website: Ordercustompaper.com



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