During the Progressive era in U.S.history,business managers were considered to be trustees of their local communities.

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During the Progressive era, many reformers believed that business managers had a responsibility to consider the well-being of their communities, not just their own profits. They were expected to act as trustees, or caretakers, of their local areas and take actions that benefited the public good. This idea was promoted by figures such as economist and social reformer Richard T. Ely and President Theodore Roosevelt, who emphasized the concept of the "Square Deal" for all Americans.

During the Progressive Era in U