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Chapter 11 Review Getting on With Business
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Sacco and Vanzetti Anti-foreigner feelings
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Palmer Raids
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The Great Migration African-Americans move North
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Marcus Garvey “Back to Africa” Pride back to African Americans
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Prohibition 18 th Amendment
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Suffrage 19 th Amendment
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Warren G. Harding Normalcy Teapot Dome
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Calvin Coolidge “Never before, here or anywhere else, has a government been so completely fused with business.” - The Wall Street Journal
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Herbert Hoover Inherited the blame when prosperity came crashing down
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Dawes Plan Allowed Germany to pay war reparations
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Washington Naval Conference Disarmament G.B. & U.S. – 500,000 tons –Japan – 300,000 tons Rolls-Royce, Rolls-Royce, Ford
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Latin America Why? – Markets and raw materials Coolidge – Sent marines to stop revolt
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Prosperity and American Business Skylines – Empire State Building (1930)
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Prosperity and American Business Oligopoly – few major producers influence an entire industry
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Corporations Formed mergers and caused many smaller businesses to have financial problems or go out of business
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America’s Productivity Soared in the 1920s due to new technology and techniques in manufacturing
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Henry Ford Efficient assembly-line methods –Created great profits for Ford Motor Company
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Henry Ford Today?
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Henry Ford Doubling workers’ wages. How? –Workers have more money, they buy more Ford cars –Well-paid workers less likely to seek other jobs and more likely to do their boring jobs –He could because of mass production and profits
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White-Collar Workers Professionals, wholesale and retail salespeople, and clerks
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White-Collar Women Typists Telephone Operators
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