Bull Moose Parties In The 1920s
Bull moose party: It was the newer version of the progressive party. It supported the ideas of women’s suffrage, social welfare, busting down on big trusts, regulating businesses and no monopolies. Federal trade commission act: Was an agency that watched over corporations. Opened its doors on March 16, 1915. Main purpose was to protect consumers and create competition. Federal reserve act: It created a central banking system, that consisted of 12 regional banks, that would be governed by the federal reserve board. It was an attempt to keep the U.S. currency stable but also flexible. Red Scare: The red scare happened during the 1920’s. It was a scare that communism would come to the U.S. Many people were very worried and many in the government
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