Impact on Economy: hurt people by lowering prices on silverPurpose: law that restored the nation to the gold standardthrough the redemption of previously-unbacked United Statesnotes and reversed government policies promoted directly afterthe Civil WarImpact on Economy:Made America “great”Bland Allison Act 1878Gold Standard Act 1900Purpose: to limit the amount of silver purchased to back moneyImpact on Economy: changed the management as in from thesilver money and so on as the bankPurpose: established gold as only standard for redeeming papermoneyImpact on Economy: improved the use of gold as in from theeconomy and so onDoes gold back up our paper money today? (Federal Reserve Notes)Gold does not back up our paper money today.Do you think it should?I believe that gold should back up our paper money today so that way people won’t lose their money if markets start to fall.From Populists to Progressives… Connecting Units 5 & 6… (Periods 6 & 7)Key Concept 7.1 Part I: The continued growth and consolidation of large corporations transformed American society and the nation’seconomy, promoting urbanization and economic growth, even as business cycle fluctuations became increasingly severe.6. Answer the following questions by reviewing main events, defining terms, and analyzing significance in the spaces provided.Highlight Cues.Question: Identify the events that led to the Progressive Era, and explain who the Progressives actually were.Answer/Main Events/IdeasDefinitions/ExplanationsAnalysis
The cause of the Progressivemovement originated mainlyin the radical changes inAmerican society during theGilded Age. As farmers andworkers responded to thesechanges, states beganreforming and eventually thefederal government beganaddressing some issues. Ascities grew, more individualsalso tried to solve newproblems.a. Granger Lawsb. ICCc. Populist Partyd. Jane AddamsGranger Laws…●Series of laws passed in western states ofUS after CW to regulate rising fare prices ofrailroad and grain elevator companiesICC…●A regulatory agency created by InterstateCommerce Act of 1887●Original purpose to regulate RRs to ensurefair rates, to eliminate rate discrimination,and to regulate other aspects of commoncarriersPopulist Party…●Political party formed in 1892, representedmainly farmers, favoring free coinage ofsilver, and government control of RRs andother monopoliesJane Addams…●Created 1st settlement house (Hull House)-Provided services to the urban poorTo what extent did theProgressive Movement (Era)begin prior to TheodoreRoosevelt becoming President in1901?The movement began in 1890’swith previously formed groupsand state reforms.Identify the event that ushered inthe Progressive Era :The conditions of lives includingchildren, immigrants, and womenWhat event ushered it out?