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