Final answer:
The student text in question is not plagiarized, as it paraphrases the source rather than copying it verbatim. However, proper citation to the original author, Paul Glastris, is necessary to maintain academic integrity and attribution.
Step-by-step explanation:
The student text is not considered plagiarized because it does not copy the source word for word, but instead paraphrases the main idea, suggesting an understanding of the original material. Although the student has effectively summarized the comparison between the financial struggles during the Progressive Era and contemporary times, it's critical to provide proper citation. In academic writing, paraphrasing must be accompanied by an appropriate reference to the original source. Thus, the paraphrasing should include credit to the author, Paul Glastris. This step ensures there is no ambiguity about the original creator of the compared ideas and maintains academic integrity.
Addressing the broader issue of quoting vs. paraphrasing, it is important to be strategic about including quotations and ensuring that your own voice as a writer is not drowned out by other sources. The goal is to achieve a balance where quotations are integrated within one's own analysis and explanation. If a passage is paraphrased, as in the student example, it is critical to still provide attribution, even without direct quotations.