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===The Farmers Age: Agriculture 1800-1900===
===Progressive Era: 1900-1932===
==== Wilson
When [[Woodrow Wilson]] was elected [[President of the United States|President]] due to a split [[United States Republican Party|Republican]] vote, he implemented progressive policies that, for better or worse, forever altered the course of the U.S. economy. In 1913, the [[Sixteenth Amendment to the United States Constitution|Sixteenth Amendment]] was ratified, and the [[income tax]] was instituted in the United States. While public spending as a percent of GDP had declined during the [[William Howard Taft|Taft]] Administration, it began to rise under Wilson's leadership in a trend that would continue for many decades. Wilson also signed the [[Federal Reserve Act]], or Owen-Glass Act, establishing the [[Federal Reserve]] as the first central bank of the United States since 1836. While Wilson is generally considered to have had pacifist, pro-government policies, there are some who theorize he conspired to get America into [[World War I]] to serve corporate interests. The departure of working men to serve in the armed forces was a significant blow to the workforce, and many women gained employment during the war.
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