This statement is false.
Progressives were a group held together by the idea that industrialization was corrupting society and the country needed to reform to meet the needs of the new modern society.
The groups known as the Progressives included suffragettes, social reformers, temperance movement, conservationists, and unions. These groups attempted to reform the government to get rid of corruption and to obtain regulation on businesses. They also attempted to reform immigrants and the idea of American identity to bring the values of Protestant founders. Suffragettes fought to gain rights for women, in particular the right to vote. This movement was behind the passage of four amendments and many new laws.
The 2008 recession/financial crises one of the worst of its kind in a generation. Major economies including the United States and the UK suffered a period of recession, consistent low-growth, rising unemployment and many businesses closing down.
A 10-member committee called the Financial Crisis Inquiry Commission was setup by the US government to study the causes of the recession, in the hopes that a future similar crisis could be prevented.
In 2011, the committee released their findings and pointed out the two major reasons for the crisis:
1. The basic reason for the crises as the Collapse of the housing market.
2. Which in turn was fueled by toxic mortgages, low-interest and easy credit available to everyone and minimal regulation.
The report also pointed out vast problems of corporate governance, lack of government will and unpreparedness.
There are many answers:
Could be:
reciprocity - just what Confucius said.
love
hardworking
generosity
kindness
loyalty
honesty
especially HOPE and FRIENDSHIP
I believe is the second one....