monday 1/4/16 rap what did you do over break? what did you do over break? did you relax? did you...

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Monday 1/4/16 Monday 1/4/16 RAP RAP What did you do over break? What did you do over break? Did you relax? Did you relax? Today: Today: If you did not sign up for CE then sign up– on If you did not sign up for CE then sign up– on board board Review end of WWI Review end of WWI Paris Peace Talks video – 30 min. Paris Peace Talks video – 30 min. Ch. 11.1 Postwar Turmoil is homework –DUE Ch. 11.1 Postwar Turmoil is homework –DUE WEDNESDAY WEDNESDAY

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Ch Post War Turmoil Notes on Ch Post War Turmoil Vocabulary: Vocabulary: Radical, anarchism, and prohibition Radical, anarchism, and prohibition Events and people: Events and people: Sacco and Vanzetti Sacco and Vanzetti Red Scare Red Scare A. Mitchell Palmer A. Mitchell Palmer Great Migration Great Migration Marcus Garvey Marcus Garvey Progressivism Progressivism Suffrage Suffrage Example: As you take notes on these men make sure you are able to answer these questions: Sacco and Vanzetti pages Sacco and Vanzetti pages Who are they? Who are they? What is anarchism? What is anarchism? What did they do? What did they do? What happened to them? What happened to them? How did the world react? How did the world react?

TRANSCRIPT

Page 1: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Monday 1/4/16Monday 1/4/16RAPRAPWhat did you do over break?What did you do over break?

Did you relax?Did you relax?

Today:Today:If you did not sign up for CE then sign up– on boardIf you did not sign up for CE then sign up– on boardReview end of WWIReview end of WWI

Paris Peace Talks video – 30 min.Paris Peace Talks video – 30 min.Ch. 11.1 Postwar Turmoil is homework –DUE Ch. 11.1 Postwar Turmoil is homework –DUE WEDNESDAYWEDNESDAY

Page 2: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Open your textbook to page Open your textbook to page 338338

Ch. 11.1: Postwar Turmoil is Ch. 11.1: Postwar Turmoil is homework—DUE Wednesday.homework—DUE Wednesday.

Title your notes Title your notes Ch. 11.1 Postwar Ch. 11.1 Postwar TurmoilTurmoil

As you read and take notes please As you read and take notes please look at the pictures, charts, look at the pictures, charts, timelines, etc.timelines, etc.

Page 3: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Ch. 11.1 Post War TurmoilCh. 11.1 Post War TurmoilNotes on Ch. 11.1 Post War TurmoilNotes on Ch. 11.1 Post War TurmoilVocabulary:Vocabulary:

Radical, anarchism, and prohibitionRadical, anarchism, and prohibitionEvents and people:Events and people:

Sacco and VanzettiSacco and Vanzetti Red ScareRed Scare

A. Mitchell PalmerA. Mitchell Palmer Great MigrationGreat Migration

Marcus GarveyMarcus Garvey ProgressivismProgressivism

SuffrageSuffrageExample: Example: As you take notes on these men make sure you are able to answer these As you take notes on these men make sure you are able to answer these questions:questions:Sacco and Vanzetti Sacco and Vanzetti pages 339-340pages 339-340

Who are they?Who are they? What is anarchism?What is anarchism? What did they do?What did they do? What happened to them?What happened to them? How did the world react? How did the world react?

Page 4: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Note taker templateNote taker template Please follow this template as you take Please follow this template as you take

notes on readings from the textbook.notes on readings from the textbook. To get full points you must have complete To get full points you must have complete

notes as shown on template.notes as shown on template. Underline subtopicsUnderline subtopics Underline key people, vocab, etcUnderline key people, vocab, etc.. Write neatly and make sure it is legible.Write neatly and make sure it is legible. Ch. 11.1 notes DUE Wednesday Ch. 11.1 notes DUE Wednesday

Page 5: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Vocabulary Ch. 11.1Vocabulary Ch. 11.1Please make sure you KNOW, and can explain these Please make sure you KNOW, and can explain these

vocab words, people, and events in relation to vocab words, people, and events in relation to the reading. So, add what this term, person, or the reading. So, add what this term, person, or event is about relating to this time period in your event is about relating to this time period in your notes. notes. RadicalRadical AnarchismAnarchism ProhibitionProhibition Sacco and VanzettiSacco and Vanzetti Red scare- Red scare- A. Mitchell PalmerA. Mitchell Palmer Great MigrationGreat Migration Marcus GarveyMarcus Garvey SuffrageSuffrage

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U.S. Review: end of 1U.S. Review: end of 1stst SemesterSemester

With the person next to you —make an ABC list With the person next to you —make an ABC list of vocabulary, people, events depicting of vocabulary, people, events depicting happenings in U.S. history mainly from 1860 to happenings in U.S. history mainly from 1860 to 1920, but you can use earlier dates in US 1920, but you can use earlier dates in US history.history. AA BB CC DD EE FF

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Paris peace talksParis peace talks Video –about 30 minutesVideo –about 30 minutes

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Tuesday 1/5Tuesday 1/5 R.A.P—R.A.P—

Where did world leaders meet to discuss post Where did world leaders meet to discuss post war world issues?war world issues?

How was President Wilson treated by the How was President Wilson treated by the French people?French people?

What did the leaders of France and England What did the leaders of France and England think of him?think of him?

Today:Today: America the Story of Us “Boom”America the Story of Us “Boom” Remember Ch. 11.1 is homework and DUE Remember Ch. 11.1 is homework and DUE

WEDNESDAYWEDNESDAY

Page 9: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Open your textbook to page Open your textbook to page 338338

Ch. 11.1: Postwar Turmoil is Ch. 11.1: Postwar Turmoil is homework—DUE Wednesday.homework—DUE Wednesday.

Title your notes Title your notes Ch. 11.1 Postwar Ch. 11.1 Postwar TurmoilTurmoil

As you read and take notes please As you read and take notes please look at the pictures, charts, look at the pictures, charts, timelines, etc.timelines, etc.

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Ch. 11.1 Post War TurmoilCh. 11.1 Post War TurmoilNotes on Ch. 11.1 Post War TurmoilNotes on Ch. 11.1 Post War TurmoilVocabulary:Vocabulary:

Radical, anarchism, and prohibitionRadical, anarchism, and prohibitionEvents and people:Events and people:

Sacco and VanzettiSacco and Vanzetti Red ScareRed Scare

A. Mitchell PalmerA. Mitchell Palmer Great MigrationGreat Migration

Marcus GarveyMarcus Garvey ProgressivismProgressivism

SuffrageSuffrageExample: Example: As you take notes on these men make sure you are able to answer these As you take notes on these men make sure you are able to answer these questions:questions:Sacco and Vanzetti Sacco and Vanzetti pages 339-340pages 339-340

Who are they?Who are they? What is anarchism?What is anarchism? What did they do?What did they do? What happened to them?What happened to them? How did the world react? How did the world react?

Page 11: Monday 1/4/16 RAP What did you do over break? What did you do over break? Did you relax? Did you relax?Today: If you did not sign up for CE then sign up–

Note taker templateNote taker template Please follow this template as you take Please follow this template as you take

notes on readings from the textbook.notes on readings from the textbook. To get full points you must have complete To get full points you must have complete

notes as shown on template.notes as shown on template. Underline subtopicsUnderline subtopics Underline key people, vocab, etcUnderline key people, vocab, etc.. Write neatly and make sure it is legible.Write neatly and make sure it is legible. Ch. 11.1 notes DUE Wednesday Ch. 11.1 notes DUE Wednesday

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Vocabulary Ch. 11.1Vocabulary Ch. 11.1Please make sure you KNOW, and can explain these Please make sure you KNOW, and can explain these

vocab words, people, and events in relation to vocab words, people, and events in relation to the reading. So, add what this term, person, or the reading. So, add what this term, person, or event is about relating to this time period in your event is about relating to this time period in your notes. notes. RadicalRadical AnarchismAnarchism ProhibitionProhibition Sacco and VanzettiSacco and Vanzetti Red scare- Red scare- A. Mitchell PalmerA. Mitchell Palmer Great MigrationGreat Migration Marcus GarveyMarcus Garvey SuffrageSuffrage

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Boom questions?Boom questions? CarsCars ProhibitionProhibition What can you use from the video in What can you use from the video in

the radio show?the radio show?

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POSTWAR AMERICAPOSTWAR AMERICAAND THE ROARING AND THE ROARING

TWENTIESTWENTIESCH. 11 AND 12CH. 11 AND 12

PO1: Analyze how aspects of industrialization transformed the American economy beginning in the PO1: Analyze how aspects of industrialization transformed the American economy beginning in the late 19th centurylate 19th century

mass productionmass productionPO 2: assess how social developments influenced American society in the late 19th and 20th PO 2: assess how social developments influenced American society in the late 19th and 20th

centuries:centuries:c. urbanization and social reformc. urbanization and social reform

d. mass media—radiod. mass media—radioe. consumerisme. consumerism

f. Roaring Twentiesf. Roaring TwentiesPO3: Analyze events which caused a transformation of the United States during the late 19th and PO3: Analyze events which caused a transformation of the United States during the late 19th and

early 20th centuries:early 20th centuries:Progressive movementProgressive movement

g. Red Scareg. Red Scare

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POSTWAR AMERICAPOSTWAR AMERICACH. 11.1CH. 11.1

PAGES 338-345PAGES 338-345Be able to describe political Be able to describe political and social changes in postwar and social changes in postwar U.S.U.S.

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Wednesday 1/6Wednesday 1/6RAPRAP Explain why progressivism declined in the Explain why progressivism declined in the

1920s.1920s.

Today:Today:1.1. CeCe2.2. Review Ch. 11.1 “Postwar Turmoil”Review Ch. 11.1 “Postwar Turmoil”3.3. Watch the Presidents videoWatch the Presidents video4.4. Read and add notes to Presidents notes on Read and add notes to Presidents notes on

Ch. 11.2 “The Republican Influence”Ch. 11.2 “The Republican Influence”5.5. Also, take notes titled “Ch. 11.2– Republican Also, take notes titled “Ch. 11.2– Republican

Foreign Policy” pages 350-352Foreign Policy” pages 350-352

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Sacco and VanzettiSacco and Vanzetti Immigrants from ItalyImmigrants from Italy who who

were anarchists and were anarchists and accused of murdering two accused of murdering two men.men.

Anarchists did not recognize Anarchists did not recognize the authority of the authority of governmentgovernment..

People were afraid of People were afraid of anarchists and communism.anarchists and communism.

Both men were executed in Both men were executed in 1927, after 6 years of1927, after 6 years of appeals.appeals. Riots broke out around the Riots broke out around the

world in favor of Sacco and world in favor of Sacco and Vanzetti.Vanzetti.

Fifty years to the day of their Fifty years to the day of their execution, Michael Dukakis execution, Michael Dukakis cleared the names of Sacco cleared the names of Sacco and Vanzetti. and Vanzetti.

Dukakis said the trial had been Dukakis said the trial had been “permeated with prejudice.”“permeated with prejudice.”

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THE RED SCARETHE RED SCARE Factors leading to the Factors leading to the Red ScareRed Scare Russian Revolution Russian Revolution

frightened people on frightened people on communism.communism.

Radicals wanted social and Radicals wanted social and political change. political change.

Many people believed Many people believed immigrants and radicals immigrants and radicals were stirring up a were stirring up a communist revolutioncommunist revolution..

A. Mitchell PalmerA. Mitchell Palmer, , President Wilson’s attorney President Wilson’s attorney general, general, led the Red Scareled the Red Scare which was a violent wave of which was a violent wave of anti-Communist panic that anti-Communist panic that spread through the U.S. in spread through the U.S. in 1919 and 1920.1919 and 1920.

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Palmer RaidsPalmer Raids Palmer RaidsPalmer Raids: Raids in the 1920’s of : Raids in the 1920’s of

suspected socialists who were either suspected socialists who were either put in jail or deported from the Untied put in jail or deported from the Untied States. States.

Mitchell Palmer the new Attorney Mitchell Palmer the new Attorney General appointed by Woodrow Wilson. General appointed by Woodrow Wilson.

Reasons for the Palmer RaidsReasons for the Palmer Raids In April, the United States post In April, the United States post

office found a total of 38 bombs office found a total of 38 bombs sent out to big name politicians. sent out to big name politicians.

An Italian anarchist was blown up in An Italian anarchist was blown up in front of Mitchell Palmers house. front of Mitchell Palmers house.

These events led enforcement These events led enforcement officials to believe that terrible officials to believe that terrible events were to occur. Leading to events were to occur. Leading to the arrest or deportation of any one the arrest or deportation of any one suspicious. suspicious.

•The first of the “Palmer Raids” was on November 7, 1919. 1,000’s The first of the “Palmer Raids” was on November 7, 1919. 1,000’s of communists and anarchists were charged, and over 200 were of communists and anarchists were charged, and over 200 were deported to Finland and then later moved to Russia deported to Finland and then later moved to Russia •In January, 1920, over 6,000 were arrested. In January, 1920, over 6,000 were arrested. •Many believed that Palmer did the raids so he would be a Many believed that Palmer did the raids so he would be a presidential nominee for the Democratic Party in the upcoming presidential nominee for the Democratic Party in the upcoming election.election.

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THE GREAT MIGRATIONTHE GREAT MIGRATION Great MigrationGreat Migration —Between 1916 and 1920 half a —Between 1916 and 1920 half a

million African Americans left the South for the million African Americans left the South for the North.North.

Causes and effects of the Great MigrationCauses and effects of the Great Migration Seek Seek better jobs, pay, and opportunitiesbetter jobs, pay, and opportunities. Not . Not

treated as slaves.treated as slaves. Northern Northern cities exploded with new peoplecities exploded with new people and and

problems.problems. Many Northern whites reacted violently to Many Northern whites reacted violently to

migration.migration. Racial unrest—race riots erupted in 26 Racial unrest—race riots erupted in 26

Northern cities in 1917—competing for jobs Northern cities in 1917—competing for jobs that went mainly to white men.that went mainly to white men.

Garvey movementGarvey movement— Marcus Garvey, a Jamaican — Marcus Garvey, a Jamaican who encouraged Africans to go who encouraged Africans to go back to Africa.back to Africa.

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Progressive MovementProgressive Movement Suffrage-1920-the vote helped Suffrage-1920-the vote helped

women push laws through women push laws through congresscongress..

1919thth amendment amendment Prohibition-1919-linked with Prohibition-1919-linked with

patriotism during the War.patriotism during the War. 1818thth amendment amendment

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Decline of progressivismDecline of progressivism People were shocked by violent People were shocked by violent

strikes and did not sympathize strikes and did not sympathize w/workers.w/workers.

People started to sympathize with People started to sympathize with big business.big business.

Hostile Supreme Court—Hostile Supreme Court— In 1918, shot down Child Labor Act, In 1918, shot down Child Labor Act,

enacted in 1916—states decision.enacted in 1916—states decision. struck down law enacting minimum struck down law enacting minimum

wage for women, in 1923.wage for women, in 1923.

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Vocabulary and events: 11.2Vocabulary and events: 11.21.1. Watch the Presidents video—Harding, Watch the Presidents video—Harding,

Coolidge, Hoover. (17 minutes)Coolidge, Hoover. (17 minutes)2.2. Read Ch. 11.2: pages 346-352 and add notes Read Ch. 11.2: pages 346-352 and add notes

to your Presidents notes.to your Presidents notes.3.3. Also, take notes on these issues towards the Also, take notes on these issues towards the

end of Ch. 11.2end of Ch. 11.2Title: Ch. 11 Getting on with Business: Sec. 2- Title: Ch. 11 Getting on with Business: Sec. 2-

Republican Foreign PolicyRepublican Foreign Policy InternationalismInternationalism DisarmamentDisarmament Dawes PlanDawes Plan Washington ConferenceWashington Conference Kellogg-Briand PactKellogg-Briand Pact Latin American – U.S relationsLatin American – U.S relations

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Thursday 1/7Thursday 1/7R.A.P.R.A.P. What is your view of Harding, Coolidge, What is your view of Harding, Coolidge,

and Hoover?and Hoover?TodayToday::Finish Pres. VideoFinish Pres. VideoRead and complete Ch. 11.2-pages 350-Read and complete Ch. 11.2-pages 350-

352 as a class. Take notes.352 as a class. Take notes.Begin 11.3—Prosperity and American Begin 11.3—Prosperity and American

BusinessBusiness

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Which President is it…Harding, Which President is it…Harding, Coolidge, or Hoover?Coolidge, or Hoover?1.1. Poker cabinet or Ohio gangPoker cabinet or Ohio gang2.2. Sent marines into NicaraguaSent marines into Nicaragua3.3. Teapot Dome AffairTeapot Dome Affair4.4. Wonder boyWonder boy5.5. Andrew Mellon was secretary of Andrew Mellon was secretary of

the treasury for…the treasury for…

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Ch. 11 Getting on w/ businessCh. 11 Getting on w/ businesssec. 2- The Republican Influencesec. 2- The Republican Influence

VOCABULARY:VOCABULARY: Internationalism—Internationalism—

President Wilson’s policy of cooperation and President Wilson’s policy of cooperation and involvement with other countries. Harding was not involvement with other countries. Harding was not going to follow Wilson’s policy with foreign going to follow Wilson’s policy with foreign governments.—against Wilson’s League of Nations, governments.—against Wilson’s League of Nations, tired of reformers, and wanted a return to tired of reformers, and wanted a return to “Normalcy.”“Normalcy.”

Disarmament Disarmament –– The limitation or reduction of weapons. Nov. The limitation or reduction of weapons. Nov.

1921, nine nations met, in DC, to discuss 1921, nine nations met, in DC, to discuss disarmament. This led to ill feelings, on disarmament. This led to ill feelings, on Japan’s part.Japan’s part.

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Republican foreign policyRepublican foreign policy Dawes Plan Dawes Plan

Showed how the US influenced European Showed how the US influenced European economies without government interference.economies without government interference.

Allies owed $10 bil to the US after WWIAllies owed $10 bil to the US after WWI US insisted on repayment, but Allies could not pay until US insisted on repayment, but Allies could not pay until

Germany began repaying them the $33 bil dollars in war Germany began repaying them the $33 bil dollars in war reparations.reparations.

Germany defaulted on payment in 1922 and 1923, so the Germany defaulted on payment in 1922 and 1923, so the French army went into Germany’s Ruhr Valley.French army went into Germany’s Ruhr Valley.

US wanted to avoid war and Chicago bankerUS wanted to avoid war and Chicago banker, Charles G. , Charles G. Dawes Dawes negotiated loans from private banks to Germany.negotiated loans from private banks to Germany.

Banks loaned Germany 2.5 bil so Germany could Banks loaned Germany 2.5 bil so Germany could make payments.make payments.

This way the Allies could make payments to the US.This way the Allies could make payments to the US.

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Washington ConferenceWashington Conference Washington Naval Conference, Nov. Washington Naval Conference, Nov.

19211921 Nine nations met to discuss Nine nations met to discuss

disarmament.disarmament. Limitation or reduction of weapons.Limitation or reduction of weapons. Three major treaties emergedThree major treaties emerged

US, GB, Japan, France, and Italy pledged to limit US, GB, Japan, France, and Italy pledged to limit the number of their largest ships and to stop the number of their largest ships and to stop constructing new ships.constructing new ships.

GB and US got to keep 500,000 tons of ships GB and US got to keep 500,000 tons of ships each: Japan, 300,000 tons; and France and each: Japan, 300,000 tons; and France and Italy, 167,000 each.Italy, 167,000 each.

Japan did not think this was fair, but agreed Japan did not think this was fair, but agreed after GB, the US, and Japan all agreed not to after GB, the US, and Japan all agreed not to create new naval bases in the western create new naval bases in the western Pacific islands.Pacific islands.

Japan also promised to respect China’s Japan also promised to respect China’s sovereignty and independence.sovereignty and independence.

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Kellogg-Briand PactKellogg-Briand Pact Two nation pact, initiated by France’s Two nation pact, initiated by France’s

foreign minister Aristide Briand, along with foreign minister Aristide Briand, along with Secretary of State Frank Kellogg, wanting a Secretary of State Frank Kellogg, wanting a world treaty to outlaw war.world treaty to outlaw war.

14 nations initially signed the pact.14 nations initially signed the pact. Declared war illegal.Declared war illegal.

Did not include punishments for future attackers.Did not include punishments for future attackers. Was this a realistic idea? Explain.Was this a realistic idea? Explain.

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Latin American – U.S relationsLatin American – U.S relations US wanted to protect interests in LAUS wanted to protect interests in LA 1920s, business firms continued 1920s, business firms continued

their expansion to the south—their expansion to the south—markets and resources.markets and resources.

1924, US controlled financial policies 1924, US controlled financial policies of 14 out of 20 LA countries.of 14 out of 20 LA countries.

US felt it had the right and duty to US felt it had the right and duty to civilize the southern nations.civilize the southern nations.

1909 to 1933, US soldiers were used 1909 to 1933, US soldiers were used in LA to protect business interests.in LA to protect business interests.

NicaraguaNicaragua US business controlled economyUS business controlled economy Fighting amongst Nicaraguans threatened Fighting amongst Nicaraguans threatened

to destabilize so Coolidge sent troops to destabilize so Coolidge sent troops back in. 1926back in. 1926

Trying to make peace Trying to make peace Congress and people at home not Congress and people at home not

real happyreal happy

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Review Ch. 11.1 and 11.2 by creating Review Ch. 11.1 and 11.2 by creating one illustration of either an important one illustration of either an important event or vocabulary word.event or vocabulary word. No wordsNo words Illustrations depicting event or Illustrations depicting event or

vocabulary at the time studied.vocabulary at the time studied. When you are done put it on the boardWhen you are done put it on the board

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Begin Ch. 11.3--handoutBegin Ch. 11.3--handout

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Friday 1/8Friday 1/8 RAPRAP

What was the Dawes Plan?What was the Dawes Plan? Was it a good idea?Was it a good idea?

How did Japan feel about the actions taken How did Japan feel about the actions taken during the Washington Conference?during the Washington Conference?

Why?Why?

Today:Today: Review vocab and eventsReview vocab and events Open your book to page 353– Please read and take Open your book to page 353– Please read and take

notes on “Prosperity and American Business” notes on “Prosperity and American Business” during the 1920s.during the 1920s.

Think about the way businesses were running, how people Think about the way businesses were running, how people were shopping, and new innovations.were shopping, and new innovations.

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Name the illustration!Name the illustration! Write down the number of the Write down the number of the

illustration.illustration. Then write down in your notes what the Then write down in your notes what the

illustration is… prohibition, suffrage, etc.illustration is… prohibition, suffrage, etc.

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Prosperity and American Prosperity and American BusinessBusiness

Ch. 11.3; pages 353-359Ch. 11.3; pages 353-359 Look at the pictures, etc.—as a classLook at the pictures, etc.—as a class In this section you will be able to explain the In this section you will be able to explain the

reasons for business prosperity of the 1920s.reasons for business prosperity of the 1920s. Describe attitudes toward big businessDescribe attitudes toward big business Identify changes occurring in the structure of Identify changes occurring in the structure of

management of American businesses.management of American businesses. Understand how corporate policies reduced the Understand how corporate policies reduced the

appeal of unions to workers.appeal of unions to workers.

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Ch. 11.3 --Ch. 11.3 -- As you read please take notes As you read please take notes

(handout) on this section. (handout) on this section. HW: if you do not complete today.HW: if you do not complete today.

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Vocabulary and termsVocabulary and terms industrial productivityindustrial productivity-- the amount of goods each hour of labor the amount of goods each hour of labor

produced—in the 1920s it rose by 70%. produced—in the 1920s it rose by 70%. What did this mean? Corporate investors made more money and the What did this mean? Corporate investors made more money and the

average worker also earned higher wages.average worker also earned higher wages.

capitalcapital – an accumulation of money.– an accumulation of money. What did this mean—there was not enough money for the average or What did this mean—there was not enough money for the average or

family size firms to invest in research and development. Small family size firms to invest in research and development. Small companies could not compete with the large.companies could not compete with the large.

corporation corporation – businesses owned by multiple stockholders, whose – businesses owned by multiple stockholders, whose personal rights and responsibilities are legally separate from the personal rights and responsibilities are legally separate from the organization’s. organization’s. In the 1920s, thousands of small firms went out of business, or they In the 1920s, thousands of small firms went out of business, or they

were absorbed into larger companies, because they could not were absorbed into larger companies, because they could not compete. Chain stores grew due to small businesses going out of compete. Chain stores grew due to small businesses going out of business.business.

Oligopoly -Oligopoly - a few major producers influence an entire industry. a few major producers influence an entire industry. Oligopolies prevailed in banking, meatpacking, baked good companies, Oligopolies prevailed in banking, meatpacking, baked good companies,

and tobacco producers in the 1920s. A smaller number of Americans and tobacco producers in the 1920s. A smaller number of Americans were able to yield unmatched economic power. Small firms went out of were able to yield unmatched economic power. Small firms went out of business and chain stores thrived.business and chain stores thrived.

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Managerial revolutionManagerial revolution-- Colleges now trained Colleges now trained new leaders for the corporations. new leaders for the corporations. Leading universities were establishing new business Leading universities were establishing new business

schools to train students in business. New college schools to train students in business. New college trained business managers soon replaced the old trained business managers soon replaced the old general managers. You now had the job of the general general managers. You now had the job of the general manager divided into 5 jobs.manager divided into 5 jobs.

welfare capitalismwelfare capitalism-- programs employers programs employers adopted in order to convince workers they did not adopted in order to convince workers they did not need unions. need unions. Examples, hired company doctors and nurses, glee Examples, hired company doctors and nurses, glee

clubs, sports teams, sold cheap gasoline, dental clinics, clubs, sports teams, sold cheap gasoline, dental clinics, safety programs and group insurance, etc. Did not end safety programs and group insurance, etc. Did not end the inequalities between worker and employer, but the inequalities between worker and employer, but union enrollment did decline.union enrollment did decline.

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Closure:Closure: Do we have any business like welfare Do we have any business like welfare

capitalism today? Explain. capitalism today? Explain.