People feared the banks would close, which would result in losing all their money. This was around the Great Depression era. A lot of banks were closing because people were withdrawing there assets before they lost it all.
Some characteristics of a communist society would be, the middle class disappearing, the government falls away, and where all members depend equally on whatever the society produces,where the rich get richer and the poor get poorer. Unless all citizens worked together,a classless society could not exist. Workers would share all means of production, in success or failure, and all banks and services would be nationalized. I hope this was helpful! Have a good day!
New scientific knowledge help the building of the Panama canal because there was a decrease of workers getting sick of malaria and yellow fever. It was Colonel Gorgas, the Chief Medical Officer, who have read about discoveries linking mosquitoes and malaria. Due to these readings, he succeed in eradicating the cause of the disease therefore a decrease in people getting sick.
The reform movement in politics, the society, and the economy was known as the Progressive movement.
This movement took several different steps to change American society. This included
A) The development of anti-trust laws- This would clean up the economy and stop monopolies from cornering markets and participating in price gouging.
B) Muckraking- Journalists exposed social ills in American society by writing influential books and using photographs to show things like the horrible working and living conditons of American citizens. This lead to changes in law (like the Meat Inspection Act) that increased consumer and worker safety.
C) 17th amendment- This lead to citizens voting directly for their US Senators instead of having them picked by members of the state legislature. This helped to stop political corruption.