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The economy of U.S. during that time was still in development phase as there were several problems to solve for their business and its related sectors like production and employment. Many journalists criticized the existence of child labor, and monopolies seizing entire categories to achieve ultimate power by acquiring several smaller companies and suppressing the labor unions. Liberal progressives put their effort to create welfare state in U.S., by improving the public facilities and services,
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Business improved the quality of worker’s environment and policy to encourage the output, also securing and admitting their independent rights equally. Most of the business that happened in the 1900’s are still here in the 2000’s
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The status of business began to advance more and more as the condition for their working had been organized favorable for workers.
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The Postal savings Depositories allowed the Post Office to function as a bank and was intended to coax money out of hiding from people who didn’t trust banks
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An Act of Congress established the Postal Savings Depositories.....this is just one event. The Sixteenth Amendment to the Constitution, authorizing federal income tax, was ratified.
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Actually, they were benefited by the changes and reforms of that time, thus they were able to live better lives than before. The suppression of companies were decreased, and they began to enjoy their life, but not very much until roaring twenties came.
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Model T was created. Harvey Samuel Firestone teamed up with Henry ford after creating the Firestone Tire and Rubber Company. Motorcycles were created by Harley-Davidson
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A much easier lives, mostly in transportation and living conditions.