THE ROARING 20S 1920 1929
AMERICAN POLITICS IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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These are companies that allowed workers to buy stock, participate in profit sharing, and receive benefits such as medical care and pensions
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Stock market
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Margin
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Welfare capitalism
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Installment
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Explanation:
Detailed explanation-1: -Welfare capitalism provided social programs to help worker’s rights and also to increase worker production and economic development.
Detailed explanation-2: -These include laissez-faire or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism.
Detailed explanation-3: -In this second form of welfare capitalism, also known as industrial paternalism, companies have a two-fold interest in providing these services.
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