3
QuizMultiple Choice

The Progressive Era — Test

Question 3 • US History

When he became president, Woodrow Wilson was concerned that banks

Answer
A
did not involve themselves enough in the US economy.
B
were suffering from too much competition.
C
had too much influence in US politics.
D
had too much control over the nation’s credit system.

Explanation

Wilson was concerned that a small number of powerful banks and financiers controlled too much of the nation’s money and credit. This concentration of financial power could restrict access to credit and give those institutions excessive influence over the economy. Therefore, the correct choice is “had too much control over the nation’s credit system.”

AI-written and checked against the verified answer.

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