Answer:
Progressives were trying to restrict who could participate in American democracy, while democratizing America even more for those included.
The agreement was the unanticipated fruit of an attempt by the French Foreign Minister, Aristide Briand, to negotiate a bilateral treaty with the United States in which each nation would renounce the use of war as an instrument of policy toward the other.
Government regulation plays a role in business in protecting consumers, preventing actions taken by businesses that will hurt the overall economy, and also in regulating the financial industries sector to prevent major economic turmoil. Periods of unregulated economic activity have been mired by large booms and busts, so governments have attempted to intervene to regulate economies in order to prevent these damaging cycles to economies.
