Write a 1 page essay on Was Theodore Roosevelt a great, average, or poor president in your judgment Explain. or.Download file to see previous pages… Economic Reforms: During the early 1900’s busin

Write a 1 page essay on Was Theodore Roosevelt a great, average, or poor president in your judgment Explain. or.

Download file to see previous pages…

Economic Reforms: During the early 1900’s businesses had acquired a rapid growth rate. This led to a few large corporations establishing monopolies which meant these corporations were able to control entire industries. These corporations sold their merchandise at lower prices forcing small business owners into bankruptcy. In 1902, President Roosevelt instructed his attorney general to file a lawsuit against one such corporation. the Northern Securities. The government won the law suits which lead to the break-up of Northern Securities. In his term President Roosevelt filed additional 45 lawsuits, in an attempt to break up the monopolies. Further, in 1903 the Bureau of Corporations was established. It was tasked to decide which corporations were ‘Good’ and which were ‘Bad’. President Roosevelt also worked to better the lives of workers by improving employee conditions. In 1902, some 140,000 coal mine workers went on strike. They were forced to live and work in inhuman conditions, in addition they were forced to live in company housing and shop at company stores. The workers demanded 20 percent raise in their wages and a reduction from 10 hour shifts to 8 hour shifts. The workers and the companies had reached a stalemate, as neither workers nor companies were willing to make concessions. President Roosevelt was forced to intervene in order to resolve the crisis.

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