Progressives, such as Woodrow Wilson, supported financial reforms because they believed the nation’s financial system was overly controlled by

labor unions.

state governments.

foreign countries.

big business

Question

Progressives, such as Woodrow Wilson, supported financial reforms because they believed the nation’s financial system was overly controlled by



labor unions.

state governments.

foreign countries.

big business

gracygirl · Answer

Any ideas as to the answer?

rico · Answer

I mean I am not sure that is why I asked... ( not trying to be rude)

gracygirl · Answer

Fair enough, I want to say it is Big Businesses but I'm not 100% sure

gracygirl · Answer

Big Businesses back then controlled a lot of the financial system (I believe) because they were so big that it was hard for anyother business to be established and survive. But as I said, I'm not 100% sure it's been a while since I read up on this.

rico · Answer

Thank you for the help though I appreciate it very much so

gracygirl · Answer

Wilson managed to bring all sides together on the issues of money and banking by the creation in 1913 of the Federal Reserve System, a complex business-government partnership that to this day dominates the financial world.[74] Wilson helped end the long battles over the trusts with the Clayton Antitrust Act of 1914. http://www.chacha.com/question/progressives,-such-as-woodrow-wilson,-supported-financial-reforms-because-they-believed-the-nation%E2%80%99s-financial-system-was-overly-controlled-by Maybe this helps?