Unit 2 Lecture 4 Flashcards
How were business like during this time?
Businessman was like a king & businesses were growing & more buisness - government partership
What happened to smaller business companies?
They began to decline & alot went out of business as big business began to merge & expand their companies
As companies grew what happened to the economy?
Inflation
How was the public’s view with labor?
Were dissatised with labor & blamed labors for the high prices of goods saying because unions wants a better wage for workers prices went up
What were labor wartime gains
As demand for labor increased labors were able to demand more like better wages, etc
Public support for corporations led to what?
Presecuation of labor workers, people blamed them for recession & high prices
Open shop campaigns
Were against union memberships & there was a decline in union members which workers work life began to be horrible (like bad wages, etc)
Henry Ford
Believe if paid workers better they would buy their goods
Companies shifted to shorter _____ & etc to make workers consumer more (pay them well to buy more products but also to keep them from joining unions)
Shorter work weeks
Corporate paternalism
Companies caring for wrokers well being by giving them health insurace, retirement buy-ins, etc & was also a way to keep workers from joining a union (Made it look like the company was their family)
What did republicans want in the 1920s
They were pro -business & wanted less government in people’s lives
________ became more open to immigrants
Democratics
Who was in the presidental election in 1928?
Herberrt hoover vs Al smith
Herbert hoover promoted american individualism which was what?
Quality of opporunity (If people were given a chance they would be more hard working)
Al smith was _______ & ________
A child of immigrant parents & was catholic (people believe if he was president he would be loyal to the pope & not the country)
