Chapter 8 Flashcards

1
Q

Normalcy

A

returning to normal

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2
Q

Ohio Gang

A

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

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3
Q

Teapot Dome Scandal

A
  • 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
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4
Q

Forbes Scandel

A

sell medical supplies on side - cost $200 million

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5
Q

Mass Production

A

large scale product manufacturing is usually done by machinery

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6
Q

Assembly Line

A

divide operation into simple tasks so unskilled laborers could do work

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7
Q

Kelly Act

A

1925: could fly mail through private contractors

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8
Q

Air Commerce Act

A

federal aid to build airports

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9
Q

Managerial Revolution

A
  • 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
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10
Q

Welfare Capitalism

A
  • companies allows workers to buy stock, participate in profit sharing, and receiving benefits like health care and pensions
  • unions lose influence
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11
Q

Open Shop

A

workers don’t need to join a union

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12
Q

Supply-side Economics

A
  • Created by Andrew Mellon
  • cutting taxes so people have more money to now buy things
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13
Q

Edward Armstrong

A
  • inventor
  • created FM radio (frequent)
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14
Q

Guglielmo Marconi

A
  • inventor
  • invented radio
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15
Q

Cooperative Individualism

A
  • Promote economic stability in various industries
  • have manufacture create their own trade organizations to share information w/ Federal gov.
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16
Q

Moratorium

A

a temporary suspension of a law

17
Q

Isolationism

A

Americans felt left alone to pursue prosperity

18
Q

Washington Conference

A
  • stop post-war arms race
  • 11/21/1921
19
Q

Dawes Plan

A
  • 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
20
Q

Kellogg-Briand Pact

A

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 )

21
Q

Charles Lindberg

A

solo flight 1927, increase potential of commercial flights

22
Q

Amelia Earhart

A

women can fly too
advertisers praise idea for businessmen

23
Q

Orville & Wilbur Wright

A

made the first successful airplane in Kitty Hawlk 1903

24
Q

Otto Rohweddler

A
  • invented the bread slicer
25
Q

Warren G. Harding

A
  • 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)
26
Q

Herbert Hoover

A

Secretary of Commerce

27
Q

Calvin Coolidge

A
  • 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
28
Q

Andrew Mellon

A

Secretary of Treasury (served in three administrations)

29
Q

Charles G. Dawes

A

created Dawes Plan which paid for Germany’s reparations

30
Q

Charles Evan Hughes

A

Secretary of State

31
Q

Social Impact of the Automobile

A

gave people more personal freedom as well as jobs and services

32
Q

Examples of New Consumer Goods

A
  • frozen goods, electric razors, washing machines, gas stoves
  • appeal to people’s health concerns (indoor plumbing, cleaning products)
  • mouthwash, deodorant, perfume, etc.
33
Q

The Airline and Radio Industry

A
  • 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
34
Q

Farm Crisis

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