Wiilsonian Progressivism 1912 1916
The Wilsonian progressivism era, spanning from 1912 to 1916, was a significant period in American history marked by progressive reforms under the leadership of President Woodrow Wilson. During this time, Wilson's Democratic Party dominated the political landscape, pushing for legislation that aimed to regulate big business, protect the environment, and promote social welfare.
One of the key aspects of Wilsonian progressivism was the emphasis on trust-busting, which involved breaking up large corporations that hindered competition and exploited workers. The Federal Reserve Act of 1913 established a central banking system, providing a more stable monetary policy. The 16th Amendment, ratified in 1913, introduced a federal income tax, shifting the tax burden from the state to the federal government. These reforms, among others, had a profound impact on the American economy and society.
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