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Wilson’s “New Freedom” (1913-1921)

Wilson’s “New Freedom” (1913-1921). Video Focused on TRUSTS, TARIFFS, AND HIGH FINANCE. TRUSTS . 1. CLAYTON-ANTI TRUST ACT (1914) Made it harder to form monopolies Labor unions & farm organizations legal 2 . FEDERAL TRADE COMMISSION (FTC) (1914) “watch dog” agency

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Wilson’s “New Freedom” (1913-1921)

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  1. Wilson’s “New Freedom”(1913-1921) • Video • Focused on TRUSTS, TARIFFS, AND HIGH FINANCE

  2. TRUSTS • 1. CLAYTON-ANTI TRUST ACT (1914) • Made it harder to form monopolies • Labor unions & farm organizations legal • 2. FEDERAL TRADE COMMISSION (FTC) (1914) • “watch dog” agency • Regulated big business

  3. TARIFFS(tax on imported goods) • Lowering tariffs • 16th amendment (1913) • Legalized federal income tax • Taxing people’s earnings and corporate profits • Today…main source of government revenue

  4. BANKING SYSTEMS • FEDERAL RESERVE SYSTEM (1913) • Nation wide system of banks • Divided nation into 12 districts with a regional bank in each district • Still serves as basis of nation’s banking system • districts

  5. Women’s suffrage • Video • Video II Susan B. Anthony & Elizabeth Cady Stanton formed: NWSA in 1869 Carrie Chapman Catt became leader of NWSA (1900-1915)

  6. RATIFICATION OF THE 19TH AMENDMENT • Efforts of women gained national support • U.S involvement in WWI • 19th amendment (1919): granted women the right to vote • Ratified by ¾ vote of the states in 1920

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