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The role of the National or Federal Government in economic and social issues would dominate the political discourse during the 20th and 21 Centuries. Teddy Rooseveltâ€™s Progressive agenda, Woodrow Wilsonâ€™s New Freedom and Franklin Rooseveltâ€™s New Deal led the US from a laissez faire role to an interventionist role for government.
Use your assigned readings and other credible sources to affirm or contradict one of the following comments as it relates to the Premise Statement above:
- Regulating monopolies, enactment of the Federal Reserve System (FED) in 1914 (to bring stability to the economy), the Securities and Exchange Commission (SEC) and government development of projects like the Tennessee Valley Authority (TVA) in the absence of private development dramatically changed the mission of government from its traditional laissez faire role in economic matters. What is your position? Explain.
Some of the assigned readings are attached as links below. You dont have to really use them if you have a really good sicussion post written
- The Food and Drug Administration (FDA) and Social Security dramatically changed the mission of government in peopleâ€™s lives. Some critics say it has made people too dependent on government. Defenders say it ultimately led to the creation a confident middle class that significantly reduced poverty. What is your position? Explain.