Industrialization In The Progressive Era

Due to the rise of industrialization in America, urban cities emerged. Even though there was prosperity, reforms were needed as a foundation for our society. The rise of business and city growth brought mass population to flourishing cities, enriching urban life. Cities grew with immigrants and middle class people, including women, who worked in booming factories. Shopping centers, department stores and chain stores worked to meet the need for goods. This era arose as a response to the change that was brought from the business and cities’ growth. The Federal Reserve System was established to supply regulation of banking credit in order to provide a growth for the economy and was a contributor to the Progressive Era that had economic, political,…show more content…
Through progressivism, Americans worked to make society a more organized, equal, and safe place to live. They strived to make corrupted municipal governments to better living conditions for people who lived in the slum, and improve working conditions in industries. (Library of Congress) Reforms and regulations were made to abolish exploitation of child labor, abuses of trusts, and also to abide to women’s suffrage. Progressives supported worker’s compensation, minimum wage, maximum hours legislation (mainly for women workers), and widow’s pensions in order to correct the worst features of industrialization. In the 1900’s to 1920’s both political parties sought to correct wrong and disruption now the U.S. entered a period of prosperity and progress.…show more content…
The system it self did not fail in my opinion. The Board had lowered interest rates, which did not meet sufficient credit. For that reason the Reserve Bank could not fully supply the need in the economic panic of 1929 the Great Depression. If the Board had used their powers for their advantage in the long run this could have been avoided. (Link) Overall, this department is one of the best there is. The U.S. Federal Reserve System has been many times a model for other countries. Noting the several decades of prosperity, it is clear to see why some might use its fundaments. In conclusion the Progressive Era was full of reforms and the Federal Reserve System was one of them that improved the country for the better. (Link)

Work Cited

Anderson, Clay J. "Federal System." Family Encyclopedia of American History. New York: Reader's Digest, 1975. pg. 402

Link, Arthur S. "Woodrow Wilson." Family Encyclopedia of American History. New York, 1975. pg 1247-1248

Link, Arthur S. "Progressive Era." Family Encyclopedia of American History. New York: Reader's Digest, 1975. pg 902

"Progressive Era." Library of Congress. 29 Sept. 2002. Usa.Gov. 20 Sept. 2007 <http://memory.loc.gov/learn/features/timeline/progress/progress.html>.

"Progressive Era." Encyclopedia Americana. International ed. 22 vols. New York,