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The Growth Of Government Power During The Gilded Age

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The growth of government power commenced during the Gilded Age when farmers perceived problems formed the Populist Party that brought up the Omaha Platform, which demanded the government for certain policies. These demands in the Omaha Platform would later be answered by the government during the Progressive Era. After the Progressive Era, the Great Depression would occur forming the New Deal that could have some extension of progressive ideology and gave a massive increase of power to the government. Then Lyndon B. Johnson formed the Great Society that was like the New Deal on steroids hoping for prosperity for everyone. As you can see, from the Gilded Age, to the Progressive Era, to the New Deal, to the Great Society, and to the Great Recession, …show more content…

Therefore, when ranchers and farmers need help with railroads, they gave it to them. For example, the Hepburn Act that gave the Interstate Commerce Commission which gave the government power to regulate the railroads. Then when Woodrow Wilson took over for office after the 1912 election, he passed the Federal Reserve Act and the Federal Farm Loan Act in response to the Omaha Platform. The Federal Reserve Act was the response to free silver and established the Federal Reserve System with the monetary policy and the Federal Farm Loan Act would lend long term loans to farmers with low interest rates and that was the response to subtreasury. However, the Progressive Era would end at the start of World War 1 and the Great Depression would begin after the end of …show more content…

Another big extension was that farmers from the Progressive Era have been helped by initiatives like the Federal Reserve Act, the Federal Farm Loan Act, and the Hepburn Act. However, they have never been able to get rid of the overproduction issue since the Gilded Age. The New Deal would expand on helping the farmers with the Agriculture Adjustment Act that would turn the economy around by focusing on cutting the supply of crops. The New Deal ideology would also be expanded upon by the Great

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World War 1 ended in 1914, and the United States entered the 1920s with a booming economy where people had jobs, using their newly earned money to put food on the tables, and to invest into stocks. 1924 came the election of a new president and the American people elected Calvin Coolidge: an economically conservative, laissez-faire approach to government, a person who would keep things the way they were. Coolidge did exactly what they needed at the time for a president, nothing. Herbert Hoover was elected in 1928 following Coolidge, Hoover was a republican, laissez-faire president until in 1929 the Great Depression hit. Hoover needed to act and he developed the Reconstruction Finance Corporation in hopes to turn around the plummeting economy,

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The wealth during the 1920s left Americans unprepared for the economic depression they would face in the 1930s. The Great Depression occurred because of overproduction by farmers and factories, consumption of goods decreased, uneven distribution of wealth, and overexpansion of credit. Hoover was president when the depression first began, and he maintained the government’s laissez-faire attitude in the economy. However, after the election of FDR in 1932, his many alphabet soup programs in his first one hundred days in office addressed the nation’s need for change.

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As stocks continued to fall, the nation lost hope, businesses were failing and unemployment rose dramatically. The president at the time, Herbert Hoover, did many things to control and put an end to the great depression but was unsuccessful. And so the inauguration of Franklin D. Roosevelt felt like a miracle for the destitute americans. Franklin saw the miserable state of the U.S economy and had a plan, the New deal, This consisted of many fresh ideas to fix the problems of the Great Depression, such as the Glass Steagall Banking Reform Act which was established to properly segregate commercial banking from investment banking. This act created the federal deposit Insurance which ended a century long tradition of unstable banking that reached a crisis during the Great depression.

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During his first term in office, he took on programs and policies to relieve the effects of the depression, collectively known as the New Deal. During this time, many social policies were passed to specifically aid the working class. Some of the acts Roosevelt implemented were the Glass-Steagall Act, the Federal Deposit Insurance, the Securities and Exchange Commission, the Home Owners Loan Corporation, the Works Progress Administration, the National Labor Relation Board, and Social Security. All of these acts were put in place to aid the working class, and prevent the severity of future depressions. The outcome of the New Deal gave a new role for the federal government, which is the partial responsibility for the people’s financial

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The purchase of cars when down by about 75%. The suburbs were rapidly expanding. He tried to better the economy by spending more on public works to help unemployment. The Agricultural Marketing Act (1929) tried to help farmers, but could not surplus the credit crunch and the Agriculture prices kept declining. He tried to help with the Reconstruction Finance Corporations (RFC) and congress responded by the Glass-Steagall Act, which lead to the Federal Home Loan Bank Act, which allowed homeowner to remortgage their homes at lower rates and payments.

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The government role expanded from 1877-1920 because of all the power that was being abuse by the rich. For a long time, the country dealt with inequality, such as paying anyone who was not a white man less and over working them. Not only was abused power and inequality pay depending on your color or gender or age a problem but the food was being processed with chemicals that made people sick and in other cases die. The growing of the government is good because it shortened work hours for women, made it safer to eat meat and other foods, and dealt with politicians who bought their way to office.

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The election of 1932 won by President Franklin Delano Roosevelt gave the American people hope with his plan, FDR’s New Deal, in which his solution to the Great Depression was to interfere and pass laws to help people at the bottom of the pyramid such as farmers and urban workers and stabilizing the economy by making changes within itself, currencies and other nations. “Using the power of radio to communicate directly with the American people, Roosevelt delivered regular fireside chats in which he boosted morale and informed his audience of the steps the government was taking to help solve their problems”. The New Deal was said to “…provide relief, put millions of people to work, raise prices for farmers, extend conservation projects, revitalize America’s financial system, and rescue capitalism”. To help farmers and agriculture, the Agricultural Adjustment Act was passed in order for farmers to stop producing too much by granting them subsidies.

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In a time after the Civil War, when a transcontinental railroad was created connecting the East and West, people began to move and settle across the country, creating new urban cities and manufacturing hubs. It was because of the railroad that the Second Industrial Revolution and the Gilded Age took place which rapidly increased the manufacturing of products through the new machines in factories and the spread of ideas by the telegraph and railroad. It was in this context that many farmers, as well, began to move West and experience a loss in the prices of their crops. It is also in this context that many workers were forced to work long, laborious hours with little pay. Farmers responded to industrialization in the Gilded Age by forming organizations such as the Granger movement and the Farmers Alliance as well as creating the Populist Party.

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The Bourbon Democrats bolstered a free market approach, with low levies, low charges, less spending and, as a rule, a Laissez-Faire (hands-off) government. They contended that levies made most products more costly for the shopper and financed the trusts (syndications). They additionally reproved dominion and abroad extension. By difference Republicans demanded that national success relied on upon industry that paid high wages, and cautioned that bringing down the duty would be a fiasco since merchandise made by low-wage European assembly line laborers would surge American markets. The political history of the Gilded Age is normally lessened to a story of debasement and outrage.

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With Roosevelt's inauguration in 1933, the financial reform legislation, emergency relief programs, job relief programs, and agricultural initiatives all became a reality. With expanded government control over the economy and the money supply, interventions to regulate prices and agricultural output, the creation of the federal welfare state, and the growth of trade union organizations, the New Deal marked a

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In the beginning many argued how powerful should our federal government be. Many questions were raised on what instances did the federal government had the standing and precedence to act. Notable figures who disagreed were Alexander Hamilton and Thomas Jefferson. The power of the nation expanded greatly between the years of 1789 and 1820. Economical policies by the treasury, decisions by the Supreme Court and the Acquisition of more territories resulted in more powerful federal government.

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What was the Gilded Age and why did Mark Twain refer to it as such? To help understand this question, one must know the meaning of the word gild. Per Merriam Webster, the term gild means to “to give an attractive but often deceptive appearance to” (Gild, n.d.). After the Civil War the American people had become tired of all the corruption and simply wanted to see an end to it and to have a stable economy. The Gilded Age was fashioned to be prosperous times for all Americans, promising wealth, and an end to past political corruption.

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Our economy, politics, and society was changing and developing through that hundred year period time difference. Our government emerged and developed, the United States’ economic power increased, and life of African American slowly started to change. Between 1776 and 1870 the United States’ experienced numerous political changes. For instance, one significant political change during this period was the emergence of a strong central government. In 1776, the United States was composed of 13 colonies ruled by the British.

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