Depression and New Deal Flashcards
economic boom after ww1 cause
aftermath of ww1
technology
great industrial expansion
automobile industry
automibile indusrty
automobile indusrtry started assembly line helped the economic boom
also increased suburban housing demands
radio
theory of modulation made radios possible by reginald Fessenden
tecnology
car, radio, planes, radial energy, plastic,electronics,home apppliances, nylon, aluminium, magnesium, oil, electric power , phones,
computer
howard aiiken, vannevar bush, helped make the computer
genetics
gregor mendel, thomas hunt etc helped understand genetics
administrative system (used for companies with consolidation)
created by alfred p sloan, it was an efficient divisional organization that made it easier to control the companies subsidies
cooperation/trade association
a national organization created by various members of an industry to encourage coordination in production and marketing techniques worked well in mass production areas where competition was already limited through consolidation
goal of new era
unrealized dream was to find a way to stabilize the economy that a collapse would never happen again
new era labor
poeple were increasing welath and purchasing power 2/3 were at or above “minim comfort zone”
Welfare Capitalism
ex. Henry Ford, trade unions within a company shortened wrok week, increased wages, but labor grievances werent able to behear helped bring economic benefits but no real help/ decision on their own fate they also only survived as long as the industry itself
American Federation of Labor
it stayed to only help skilled workers, although the fastest growing area in the work force was unskilled labor William Green became president in 1924frowned on strikes
no women/minorities
pink-collar jobs
low paying service occupations, ex secreatatries, salesclerks, telephone operators,etc AFL not interested in them
Brotherhood of Sleeping Car Porters 1925
by A.PHilip Randolph union led by black he increades waged shortend hours, etc he enclisted union in battles for civili rigght for blacks
issei
japanese immigrants
nisei
japanese immigrants american born children
japanesse
took unskilled jobs etc but soem managed to escape and start busisnesss that were very skilled that us made laws to make it hard for them to buy/sell land`
large mexian barrios
raw urban communities of mexiancas they made a big majority of the unskilled workforce they found work in factories, shops, mines, faced hostility/discrimination no one actaully tried to exclude because they needed a work force
open shop
a shop in which no worked could be required to join a union
American plan
busting unions received the endorsement of National association of manufactures to help end unions courts also supported businesses
agricultural tecnologies
increased production but demand was not increasing so that left us with surpluses, decline in food prices, severe drop in farmers income, many lost ownership of their lands and had to rent instead from banks or other landlords
parity
complicated fromula for setting up adequate price for farm good and ensuring that farmers would earn back at least their production costs champions of this uged high tariffs, and a govt comittement to buy surplus domesic crops at parity and sell them abroad
McNary-Haugen Bill
legislative epression of parity this bil approved aprity for grain, cootin, tobacco, and rice, coolidge vetoed it 2times
automobile effects
expanded geographical horizons, staple of urban leisure, new suburbs, transformed idea of vacations, emergence of a well developed and relatively independent youth culture