Mr. Trang C8 VocabWell capitalism

Well capitalism

Companies allowed workers to buy stock, participate in profit sharing, and receive benefits such as medical care and pensions

CBS

In 1928 the _____ assembled a coast-to-coast network of stations to rival NBC

Consumers

In this way, Ford made the automobile available to millions of American _____

Model T

Ford’s assembly-line product was the _____, affectionately known as “Tin Lizzie” or “Flivver”

Progressive Party

Defectors from both parties joined farm, labor, and religious activists to form the new _____, nominating Wisconsin senator Robert M. La Follete as their candidate

Teapot Dome Scandal

Eventually the Senate investigated what the newspapers named the _____, and Secretary Fall became the first cabinet officer in history to go to prison

Ohio Gang

Harding felt more comfortable among his old poker-playing friends, known as the _____, than he did around such sober and serious people as Herbert Hoover

Mass production

At the same time, the rise of _____, or large-scale product manufacturing usually done by machinery, created more supply and reduced consumer costs.

Cooperative individualism

Herbert Hoover tried to promote economic stability in various industries by balancing government regulation with his own philosophy of _____.

Charles Evans Hughes

In his address to the delegates Secretary of State ____ proposed a 10-year moratorium, or pause, on the construction of major new warships

Charles G. Dawes

in 1924, _____, an American banker and diplomat, negotiated an agreement with France, Britain, and Germany by which American banks would make loans to the Germans that would enable them to meet their reparations payments

Open shop

Employers promoted the _____, a workplace where employees were not reqired to join a union

NBC

in 1926 the _____ established a permanent network of stations to distribute daily programs

Charles Lindbergh

It was the extraordinary transatlantic solo flight of former airmail pilot _____ in 1927, however, that demonstrated the possibilities of aviation and won popular support for commercial flight

Assembly line

First adopted by carmaker Henry Ford, the _____ divided operations into simple tasks that unskilled workers could do and cut unnecessary motion to a minimum

Robert La Follette

Wisconsin senator that was nominated to be the Progressive Party's candidate

Albert Fall

Harding’s secretary of the interior, _____, secretly allowed private interests to lease lands containing U.S. Navy oil reserves at Teapot Dome, Wyoming, and Elk Hills, California

Immunity

He also refused to testify under oath, claiming _____, or freedom from prosecution, on the grounds that he had had confidential dealings with the president.

Normalcy

He ran on the campaign slogan to return to _____, or a return to “normal” life after the war

Supply side economics

As the economy grew, Americans would earn more money, and the government would actually collect more taxes at a lower rate than it would if it kept tax rates high.

Isolationism

The majority of Aericans, tired of being entangled in the baffling, mutually hostile, and dangerous politics of Europe, favored _____

Kellogg-Briand Pact

On August 27, 1928, the U.S. and 14 other nations signed the _____. Eventually 62 nations ratified it

Structures

By the early 1920s, many industries had begun to create modern organizational _____