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Monday 1/11 RAP 1.What is Welfare Capitalism? Good / bad? 1.Can you give an example of welfare capitalism today? 2.What was the American Plan? Today: Review.

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Presentation on theme: "Monday 1/11 RAP 1.What is Welfare Capitalism? Good / bad? 1.Can you give an example of welfare capitalism today? 2.What was the American Plan? Today: Review."— Presentation transcript:

1 Monday 1/11 RAP 1.What is Welfare Capitalism? Good / bad? 1.Can you give an example of welfare capitalism today? 2.What was the American Plan? Today: Review Ch. 11.3 Science, tech, etc. PPT on Ch. 11.4 Changing nature of work Ford clip

2 Vocabulary and terms industrial productivity- the amount of goods each hour of labor produced—in the 1920s it rose by 70%. –What did this mean? Corporate investors made more money and the average worker also earned higher wages. capital – an accumulation of money. –What did this mean—there was not enough money for the average or family size firms to invest in research and development. Small companies could not compete with the large. corporation – businesses owned by multiple stockholders, whose personal rights and responsibilities are legally separate from the organization’s. –In the 1920s, thousands of small firms went out of business, or they were absorbed into larger companies, because they could not compete. Chain stores grew due to small businesses going out of business. Oligopoly - a few major producers influence an entire industry. –Oligopolies prevailed in banking, meatpacking, baked good companies, and tobacco producers in the 1920s. A smaller number of Americans were able to yield unmatched economic power. Small firms went out of business and chain stores thrived.

3 Managerial revolution- Colleges now trained new leaders for the corporations. –Leading universities were establishing new business schools to train students in business. New college trained business managers soon replaced the old general managers. You now had the job of the general manager divided into 5 jobs. welfare capitalism- programs employers adopted in order to convince workers they did not need unions. –Examples, hired company doctors and nurses, glee clubs, sports teams, sold cheap gasoline, dental clinics, safety programs and group insurance, etc. Did not end the inequalities between worker and employer, but union enrollment did decline.

4 Today: 1.Science, Tech, and society (page 360-361) 2.PPT Ch. 11.4 Henry Ford, Scientific Management, White collar workers, and women in the workplace 3.Ford clip Maybe -- Get into Radio Show groups 1920s slang Scripts Radio shows

5 Changing Nature of Work Ch. 11.4: pages 362-368 Henry Ford– –Industrialist –Believed each worker was a consumer Offered each worker $5 a day Other industrialists called Ford a “traitor to his class” Cut back workers hours and work week –Moving assembly line sped up production =more cars produced =work like a robot –Hired all men—immigrants, African American Please look at the graph on page 363 and answer the question below it.

6 Scientific Management –Frederick Taylor came up with the theory of Scientific Management breaking each job into its simplest operations would minimize the time needed to do the job. Management to give incentives to workers -$ This theory meant there would be a bigger profit for businesses by saving time in operations. Look at picture on page 364– answer the question below it please.

7 New White Collar Workers –Offices resembled factories: passed from one room or desk to another. –More people were now dressed in business clothes –Booming industries led to advertising, which led to sales = salespeople Look at the chart on page 365– please answer the question below it.

8 Women in the Workforce Typecasting Women Typists—why? Good spellers, knowledge of grammar, capitalization, and punctuation. Telephone operators, stock clerks, cashiers, etc. –Allowed educated young women to work in a clean environment. Women=dominated clerical, unskilled occupations. Men= managers, senior cashiers, chief clerks, head bookkeepers, advertising, and salespeople. Young educated men and women now shared the workplace. Unequal advancement: men were head of households = they needed more money, senior positions, etc. Answer the questions below pictures on pages 366, 367, and 368.

9 Henry Ford clip

10 Radio Show “Annie” clip 1920 Slang Radio Script examples Requirements Grade sheet


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