Economic Reforms Progressive

Sherman Antitrust Act

1890

This law was designed to make it much more difficult for business mergers to occur and for monopolies to form.

Trust Busting

1901

policy of prosecuting monopolies, or "trusts," that violated federal antitrust law. Roosevelt's "trust-busting" policy marked a major departure from previous administrations' policies, which had generally failed to enforce the Sherman Antitrust Act of 1890, and added momentum to the progressive reform movements of the early 1900s.

Federal reserve Act

Dec 3, 1913

Established economic stability in the United States by introducing the Central Bank to oversee monetary policy.

Clayton Antitrust Act

1914

An amendment passed by U.S. Congress in 1914 that provides further clarification and substance to the Sherman Antitrust Act of 1890. The Act focuses on topics such as price discrimination, price fixing, and unfair business practices.