1920s, the Great Depression, and the New Deal
Terms in this set (5)
"Second Industrial Revolution"
New technology allowed for more production, more quickly. However with mass production, must also come mass consumption or the economy will fail.
Rise of Corporations and Examples
Tax Cuts for the Wealthy
Taxes cuts are made for the wealthy in hopes that with that extra money they will consume more, putting money back into the economy. (Trickle Down Effect)
Workers agree to not join a union, however in return their company will provide them with special benefits