Compare the New Deal Reforms with Those of the Progressive

question 40

Essay

Compare the New Deal reforms with those of the Progressive era. How did the New Deal reflect the reform traditions of the Progressive era? Be sure to include in your answer a discussion about Roosevelt's key administrators.

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Definitions:

Board of Governors

The leading body of a central bank in many countries, responsible for overseeing the management and operations of the bank.

Federal Reserve

The central banking system of the United States, responsible for managing the nation's monetary policy and regulating its financial institutions.

Open Market Operations

Activities undertaken by a central bank, such as the buying or selling of government securities, to control the money supply and interest rates.

Discount Rate

The interest rate charged by the Federal Reserve to depository institutions.