Question

II. Wilson's Reforms

A. Wilson signed the.
B. Wilson supported the -
and indirectly
on the earnings of individuals.
passed the.
in 1913 that reduced tariffs and provided for levying an
C. Wilson asked Congress to create the
allowing the government to supervise the banking system
for the entire nation.
to monitor business. Progressives in Congress
, which outlawed practices that restricted competition.

Answer 1

A. Wilson signed the Revenue Act of 1913, also known as the Underwood-Simmons Act in 1913 that reduced tariffs and provided for levying an income tax on the earnings of individuals.

B. Wilson supported the federal reserve system, allowing the government to supervise the banking system and indirectly control the nation's interest rates and the amount of money in circulation for the entire nation.

C. Wilson asked Congress to create the Federal Trade Commission to monitor business.

D. Progressives in Congress passed the Clayton Antitrust Act, which outlawed practices that restricted competition.

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