Custom Paper: Progressivism Emerged as a Political Ideology
The umbrella term ‘progressivism’ emerged as a political ideology whose platform was social, economic and political reformation. This was to be realized through the state as a break from the traditional notions of weak federal government. The emphasis was on the devolution of power into reconstructed state governments.
By destroying the Central Bank, Andrew Jackson sought to decentralize power thus ending the centralized financial governance. However, the creation of the Federal Reserve Board was aimed at addressing a series of financial panics following the historic Panic of 1907. The imposition of the income tax was inherently unjust since the taxation system was not equitable. Scholars blame this tax for the emergence of sharp socio-economic disparities between states and the general American population.
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