What was the Progressive Movement?
The progressive movement was from 1890-1920. This time period was an era of social activism and political improvement in the United States.The movement focused on political organizations and their chief executive. During this period many pivotal events took place, these events include; cleansing of the government, focus on family and education, the peak of the women’s suffrage movement, prohibition, modernization. Many people, called progressives or supporters of the movement, had a strong desire to rid the government of all corruption. The Progressive Movement was basically an era of reform, early progressives typically rejected Social Darwinism. They were people who believed that problems that America faced such as poverty, racism, and violence could be resolved by providing a “good” education, a …show more content…
safe environment, and an efficient workplace.2 There were many leaders throughout this era. Following the assassination of President McKinley in September of 1901, Theodore Roosevelt took his place and is, “often cited as the first Progressive president, known for his trust-busting activities.”1 Progressivism obtained a powerful voice in the White House when Roosevelt came into office, he believed that “corporate behavior has to be monitored to make certain that large company greed was not out of hand. He was a Republican political leader to America.
This time period was crucial for the Women’s Suffrage Movement. Women developed a higher status during this era. The end of the 1800s, women were considered protectors of the home. Women used this ideology to argue that in order to guard the home, women should shift to public issues such as public sanitation and education. “..in many ways women were the driving force behind progressive reforms.”3 Women volunteer organizations worked for reformation. These efforts consistently expanded from local, to state, to a national level. Women orchestrated research, applied programs and petitioned legislation to address social, political, and economic troubles. During the industrial revolution child labor reached new extremes. Children often worded in dangerous working conditions, for long hours, with almost no pay. Children were in high demand in factories because of many reasons. They were small enough to fit in small places that adult couldn’t, children could also be paid significantly less that adults as well, they were also easier to manage, manipulate, and control as well. After a market crash finally influence public opinion. One of the most tenacious causes of the Progressive Era reformers was child labor. During this movement concerns for the conditions of the working class grew, especially for children. This era was the beginning of the end of child labor.4 In conclusion, the Progressive Movement was a crucial part of the modern development of the United States. It assisted in the freedoms for men, women, and children. It allowed a clear perspective of the harsh living conditions that our ancestors lived through. Progressive were successful in riding the government of all corruption.
Work Cited
1Boundless. "The Progressive Era - Boundless Open Textbook." Boundless. Boundless, 20 Nov. 2016. Web. 09 Mar. 2017.
2"The Progressive Era (1890 - 1920)." The Progressive Era (1890 - 1920). N.p., n.d. Web. 09 Mar. 2017.
3"Women in the Progressive Era." Women in the Progressive Era. Nwhm.org, n.d. Web. 12 Mar. 2017.
4History.com Staff. "Child Labor." History.com. A&E Television Networks, 2009. Web. 12 Mar. 2017.
Midterm Exam Questions
Why did the stock market crash happen in 1929?
On October 29, 1929, Wall Street investor traded 16 million shares one the New York Exchange. Billion of dollars were lost, thousands of investors became poor. After that day, Black Tuesday, America spiraled downward marking the beginning of the Great Depression that lasted for 10 years and the longest failure of the economy in the history of Western industrialized world up to that time. Many different factors caused the stock market to plummet. In the 1920s, there was growth in bank credit and loans in the United States. This was encouraged to “strengthen” the economy, people thought the stock market was a safe way to obtain profit. Consumers borrowed to buy shares in the market. Firms took out loans to expand. People thought the stock market was a one way bet, people became confident and invested all of their money and some (taking out loans to invest). That confidence changed in 1929, people who had borrowed money were exposed to the truth and participated in the rush to sell their shares and attempt to redeem their debts and
investments. Another reason of the collapse of the economy was that people bought shares on the margin, this meant that someone only had to pay between 10 and 20 percent and borrowing 80 to 90 percent of the value of the shares. This allowed one to buy more and more money to be put into the shares, skyrocketing their value. Using this method, it was said that there were many “margin millionaires” before the crash. These people made this abundance of money by buying on the margin and just watching share prices increase. However, the depressing part of all of this is that they could as easily be exposed when prices dropped. These millionaires were eliminated when the stock market fell. This also affected the bank that had lent out money to these investors. The stock market crash was basically a giant scam. A fair amount of the failure of the market can be blamed because of false expectations. During the 1920s the stock market promoted the potential for gaining wealth. People bought shares with the expectation to make money, as share prices increased, so did the rate of loans. In March 1929, the stock market saw its first major fall, the market then recovered during the summer of the same year. By october, shares were “grossly overvalued. “ When companies posted results on October 24, Black Thursday, some disappointed and alarmed companies started to cash in any profits. Share prices began to fall that set panic to all investors. It was a race against time for many people who had invested everything. On October 29th (Black Tuesday) shares prices fell by 40 billion dollars in that single day. By 1930 value had fallen by 90 percent. Before the beginning of the great depression, there were weaknesses in the banking system. American banking system was characterized by having small to medium sized firms. America have over 30,000 banks. Banks were prone to going bankrupt if there were too many withdrawals from deposit accounts. This problem was the result of the stock market. Between 1923 and 1930, more than 5,000 banks collapsed. In conclusion, the stock market crash affect millions of people and thousands of businesses and banks. This was the beginning of one of the longest economic depression. There was not a sign that the market would plummet by up to 90 percent.