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Progressives, such as Woodrow Wilson, supported financial reforms because they believed the nation's financial system was overly controlled by

A. labor unions
B. state governments
C. foreign countries
D. big business


Sagot :

Final answer:

Progressives, like Woodrow Wilson, advocated financial reforms to combat the dominance of big business in the nation's financial system.


Explanation:

Woodrow Wilson and other Progressives supported financial reforms because they believed the nation's financial system was overly controlled by big business. Wilson's establishment of the Federal Reserve System in 1913 through the Federal Reserve Act aimed to decentralize banking control and address economic issues.


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