The Progressive Party (often referred to as the “Bull Moose Party”) was a third party in the United States formed in 1912 by former president Theodore Roosevelt after he lost the presidential nomination of the Republican Party to his former protégé and conservative rival, incumbent president William Howard Taft.

Economic policy by Roosevelt that favored fair relationships between companies and workers. Also known as the “Bull Moose Party”, this political party was formed by Theodore Roosevelt in an attempt to advance progressive ideas and unseat President William Howard Taft in the election of 1912.

Republican Party

Terms in this set (2) This party wanted to eliminate corruption, trusts, prostitution, gambling, drink, and other atrocities. They were formed when teddy wanted to be nominated to the but was denied by the republican party leading to the formation of the Bull Mouse Party.

The Progressive Party supported a number of reforms, including women’s suffrage, child labor laws, and workers’ compensation laws.

1912

Progressivism is a political philosophy in support of social reform. In the 21st century, a movement that identifies as progressive is “a social or political movement that aims to represent the interests of ordinary people through political change and the support of government actions”.

Progressive Party (United States, 1948)

The main objectives of the Progressive movement were addressing problems caused by industrialization, urbanization, immigration, and political corruption.

The major goals of the progressives were to promote the ides of morality, economic reform , efficiency and social welfare. The Progressives had many different methods and ideas on how to solve social problems. The Muckrakers were a group of people that informed about wrongdoings in the face of society.

The Progressives Demand Antitrust Laws By forming the Standard Oil Trust, Rockefeller was trying to hide that Standard Oil was a monopoly. Soon corporate leaders in other industries such as railroads, cigarette making, and sugar refining organized their own trusts.

If a trust controlled an entire industry but provided good service at reasonable rates, it was a “good” trust to be left alone. Only the “bad” trusts that jacked up rates and exploited consumers would come under attack. Who would decide the difference between right and wrong?

Consumers were forced to pay high prices for things they needed on a regular basis, and it became clear that reform of regulations in industry was required. The loudest outcry was against trusts and monopolies. Trusts also upset the idea of capitalism, the economic theory upon which the American economy is built.

What is an example of “trust-busting” that Theodore Roosevelt enforced? He broke up the Northern Securities Company. Under which president were the 16th and 17th amendments passed?

Populist Party

A Progressive reformer, Roosevelt earned a reputation as a “trust buster” through his regulatory reforms and antitrust prosecutions. His “Square Deal” included regulation of railroad rates and pure foods and drugs; he saw it as a fair deal for both the average citizen and the businessmen.

Bad trusts were those that drove up rates and were corrupted, reducing competition as well. Roosevelt believed it to be his job to take care of trusts for the best interest of the people, and many cheered him on.

If your estate is likely to be greater than $1 million, includes real estate in more than one state or a family business, a trust is essential, and you should name a trust company as the successor trustee.

While there are a number of different types of trusts, the basic types are revocable and irrevocable.

• Revocable Trusts.
• Irrevocable Trust.
• Asset Protection Trust.
• Charitable Trust.
• Constructive Trust.
• Special Needs Trust.
• Spendthrift Trust.
• Tax By-Pass Trust.