In the Years 1900-1920 Progressivism Enjoyed Widespread Support Among the American

question 99

Essay

In the years 1900-1920 progressivism enjoyed widespread support among the American public. Why were progressives of the 1920s, including La Follette's Progressive party, so ineffective and uninfluential? What happened to the once-powerful progressives and their ideals?

---

Definitions:

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, and investment funds, playing a critical role in the economy.

Legal Reserve Requirements

Guidelines enforced by central banks on the minimal reserves that banks should maintain in relation to their deposits.

Destroyed Money

The process of physically eliminating money from circulation, typically by central banks, to manage a currency's supply.

Check Clearing

The process by which banks settle transactions by transferring money from the check writer's account to the recipient's account.