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Welfare capitalism
Industrial workers also prospered in the 1920s, partly due to rising wages and partly because many corporations introduced what came to be called____________________.
CBS
In 1928 the Columbia Broadcasting System (___) assembled a coast-to-coast network of stations to rival NBC.
Consumers
“Every time I reduce the charge for our car by one dollar,” he boasted, “I get a thousand new buyers.” In this way, Ford made the automobile available to millions of Americans ___________.
Model T
Ford’s assembly-line product was the _________ — affectionately called the “Tin Lizzie” or “Flivver.”
Progressive Party
Defectors from both parties joined farm, labor, and religious activists to form the new ________________.
Teapot Done 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
One major expense was the 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
Thus, 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 ____________NBC—a workplace where employees were not required to join a union.
NBC
In 1926 the National Broadcasting Company (___) 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
Defectors from both parties joined farm, labor, and religious activists to form the new Progressive Party, nominating Wisconsin senator ______________________ as their 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
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
the government would actually collect more taxes at a lower rate than it would if it kept tax rates high. This idea is known today as ____________________.
Isolationism
The majority of Americans, tired of being entangled in the baffling, mutually hostile, and dangerous politics of Europe, favored ________________.
Kellogg-Briand Pact
On August 27, 1928, the United States and 14 other nations signed the __________________. Eventually 62 nations ratified it.
Structures
By the early 1920s, many industries had begun to create modern organizational ____________.