Answer:
In 1913, Wilson signed the bill to create the Federal Reserve System, which acts as the central bank of the United States, has instruments of state influence, but the form of ownership of capital is private - joint-stock with special status of shares.
On the basis of proposals by Wilson, Congress passed two new antitrust laws in 1914 - the Federal Trade Commission Act and the Act Complementing Existing Laws Against Unlawful Restrictions and Monopolies and Other Purposes.
Stepping on the path of political activity, Wilson felt and embodied in his activity the reformist impulse that permeated all the pores of American society in the first decades of the twentieth century; as governor, he supported anti-corruption and social laws. The New Freedom platform and actions as president became a continuation of this course in different directions: from customs and tax policy (Underwood Act, 1913), the banking and financial system (Federal Reserve Act, 1913) to antitrust and labor law (Clayton’s Law, 1914) and a number of others.
Explanation:
The main reason why the US joined the war was because multiple attack on passenger and merchant ships with submarine attacks .The final straw was when the RMS Lusitania by a German u-boat going to Liverpool England .
The Federal government finally tried to help stem the tide of the Great Depression in the form of the New Deal, which was initiated by FDR and increased the scope of government.
