Regulation of the Economy during the Progressive Era
Document Based Assessment
During the Progressive Era, Presidents such as Theodore Roosevelt and Woodrow Wilson called for the federal government to take on a greater role in regulating the economy. But not all Americans approved of the expansion of federal power.
Use your knowledge of the Progressive Era and the following documents to answer the Questions below.
1. Which of the documents below most closely reflects a belief in laissez-faire economics? Explain
2. Why does the Progressive Party Platform favor the creation of a federal Department of Labor? Explain in relation to profits, the role of corporations, how it would affect people, how it would affect the role of the Federal government
3. Based on Document B, how did the Federal Reserve Act increase the role of the federal government?
4. Writing task: Do you agree that the federal government should have broad power over the economy and people’s lives? Use your knowledge of the Progressive Era and specific evidence from the primary sources above to support your opinion