I was gone yesterday, so I was behind on the information we went over yesterday. We were assigned topics of chapter eleven. My assigned topic is two battles during World War Two between the years of 1914 and 1917. These battles cannot include America. I still needa do my blog from chapter nine, which was US Control of Puerto Rico.Wilson's Accomplishments were that he passed the Clayton Anti-Trust Act in 1914 and it could break up monopolies. Labor Unions were given the right to exist. Strikes, boycotts, picketing, etc. became legal. He also accomplished the Federal Trade Commision (FTC) and was established in 1914. The FTC investigated companies for monopolistic practices. Wilson reinstated segregation in Washington D.C. He led the U.S during World War One.Underwood Tariff (1913) drastically cut tariff rates for the first time since the Civil War. The Sixteenth Amendment was ratified in 1913 allowing for a graduated income tax. The Federal Reserve System (1913) strengthened banks, allowed for a way to control the amount of money in a circulation, broke the country into 12 districts with each having one Federal Reserve Bank, and the FRB was a banker's bank. The FRD is still around today. Banks have had alot of issues in the past. People would run to banks to get their money out right away. Back in the day, the bank would shut down and not re-open. The people who didn't get their money would lose it forever.Mr. Bruns started his presentation on Chapter Ten. Imperialism, is where a strong country over takes a country that is more weak for resources and other materialistic countries.Why do countries colonize-gain power and prestige, resources, land, make money, establish naval bases, open markets throught the world--trade, refueling stations, to "uplift, civilize and Christianize (our little black friends)" President william McKinley.
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