Chapter 8

Question 1

Normalcy

Answer 1

returning to normal

Question 2

Ohio Gang

Answer 2

childhood friends of Warren G. Harding that were given high level positions

Question 3

Teapot Dome Scandal

Answer 3

• secretary of the interior Albert B. Fall
• allows private interests to lease land containing US Navy oil reserves
  -Teapot Dome, WY and Elk Hill, CA
• Harry Daugherty, Attorney General, bribed by General, bribed by German agent fro shares in a company seized after WW1
• wants immunity

Question 4

Forbes Scandel

Answer 4

sell medical supplies on side - cost $200 million

Question 5

Mass Production

Answer 5

large scale product manufacturing is usually done by machinery

Question 6

Assembly Line

Answer 6

divide operation into simple tasks so unskilled laborers could do work

Question 7

Kelly Act

Answer 7

1925: could fly mail through private contractors

Question 8

Air Commerce Act

Answer 8

federal aid to build airports

Question 9

Managerial Revolution

Answer 9

• companies create departments (sales, marketing, accounting, operations)
• mangers handle day to day operations to allow CEO’s to focus on long term goals
• increase size of middle class

Question 10

Welfare Capitalism

Answer 10

• companies allows workers to buy stock, participate in profit sharing, and receiving benefits like health care and pensions
• unions lose influence

Question 11

Open Shop

Answer 11

workers don’t need to join a union

Question 12

Supply-side Economics

Answer 12

• Created by Andrew Mellon
• cutting taxes so people have more money to now buy things

Question 13

Edward Armstrong

Answer 13

• inventor
• created FM radio (frequent)

Question 14

Guglielmo Marconi

Answer 14

• inventor
• invented radio

Question 15

Cooperative Individualism

Answer 15

• Promote economic stability in various industries
• have manufacture create their own trade organizations to share information w/ Federal gov.

Question 16

Moratorium

Answer 16

a temporary suspension of a law

Question 17

Isolationism

Answer 17

Americans felt left alone to pursue prosperity

Question 18

Washington Conference

Answer 18

• stop post-war arms race
• 11/21/1921

Question 19

Dawes Plan

Answer 19

• Germany cannot make reparations
• American banks loan money to Germany to pay off Britain and France
• Britain and France accept less and pay more war debt

Question 20

Kellogg-Briand Pact

Answer 20

August 27, 1928: treaty to outlaw war, 62 nations agree
- No force behind it, but a victory for peace ( settle all disputes by peaceful means )

Question 21

Charles Lindberg

Answer 21

solo flight 1927, increase potential of commercial flights

Question 22

Amelia Earhart

Answer 22

women can fly too
advertisers praise idea for businessmen

Question 23

Orville & Wilbur Wright

Answer 23

made the first successful airplane in Kitty Hawlk 1903

Question 24

Otto Rohweddler

Answer 24

• invented the bread slicer

Question 25

Warren G. Harding

Answer 25

- work through Ohio legislature - runs on policy of returning back to normal - though himself intellectually unfit for office - wins presidential election of 1920 against James M. Cox (Gov. Ohio)

Question 26

Herbert Hoover

Answer 26

Secretary of Commerce

Question 27

Calvin Coolidge

Answer 27

- alligns with prosperity & big business - national notoriety as Gov. of Mass. - replaces Ohio Gang keeping good guys in - keep gov. out of business, use as motto for presidential run

Question 28

Andrew Mellon

Answer 28

Secretary of Treasury (served in three administrations)

Question 29

Charles G. Dawes

Answer 29

created Dawes Plan which paid for Germany's reparations

Question 30

Charles Evan Hughes

Answer 30

Secretary of State

Question 31

Social Impact of the Automobile

Answer 31

gave people more personal freedom as well as jobs and services

Question 32

Examples of New Consumer Goods

Answer 32

- frozen goods, electric razors, washing machines, gas stoves - appeal to people's health concerns (indoor plumbing, cleaning products) - mouthwash, deodorant, perfume, etc.

Question 33

The Airline and Radio Industry

Answer 33

- people saw airlines as dangerous, flimsy, in movies - 1926: National Broadcasting System (NBC) -> Federal Radio Commissiom - 1928: Columbia Broadcasting System (CBS) -> two companies sell ads, have popular programming

Question 34

Farm Crisis

Answer 34

- technological advances create more product w/o increases in demand = lower prices - costs still remain high