Question

1. Why did the government begin to set regulations on food production and building codes in the early 20th century? What was it prompted people to react and push for protections? Use evidence from the lesson including the video on Industrial New York and the Triangle Shirtwaist Factory,

2. Why did the U.S. creation the Federal Reserve and enact the 16th Amendment? Is there a similar purpose in creating each? Explain. Provide specific details from the lesson including from the Planet Money clip.

Answer 1

1. It was to maintain and control the quality and labor treatment of the workers and the products. They wanted food regulations, especially in the meat industry and the working conditions. The sweatshop factory that burnt down was a proven statement of the lack of regulation in building to have exits and the # of people that they had in a single building/floor.
2. Federal Reserve was created to consolidate the US monetary system. It was layed to give money for public infrastructure and etc.It was to stabilize money production and the US liquid funds.