the President Theodore Roosevelt (1901–1909) believed
in Progressivism. He worked with Congress to
regulate businesses that had established monopolies.
He also worked hard to protect the country’s
natural resources.The Federal Reserve banking system set interest rates and controlled the money supply. The Federal Trade Commission dealt with unfair business practices.
During the Progressive Era, more immigrants settled in the United States. Almost 19 million people arrived between 1890 and 1921 from Russia, Poland, Greece, Canada, Italy, Mexico, and Japan. Although the government created quotas to restrict immigration, it relaxed those restrictions in the 1960s, assuring that the United States would remain a nation in which many different people and cultures could forge an identity as Americans.
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