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trusts~apex
That trusts were legal in other countries
Well I'll go into this, but lightly. 1. Big businesses sometimes in that era formed "trusts" which helped them monopolize and control business regulations such as the price of a product. It wasn't until later when anti-trust laws were passed that this problem became a non-issue. 2. These trusts and any other businessman with money often had a lot of bearing on who was elected to gov't because they could offer up the cash for bribes. Once they had their man in office (seeing as women didn't even have suffrage yet) they could continue paying him off to help get the measures passed that they wanted past, and so the business could get some major tax breaks, for example. Those were the main 2 problems, but there are undoubtedly others.
Wilson
During the early 1900's it was the end of Reconstruction and it was the Gilded Age when everything looked nice but wasn't for real. It also was a time of over population due to the 2nd wave of immigration. It was also the time of "building up not out" which frecuently let to incidents like the Triangle Shirtwaist Factory Fire.