Question

12, What alternatives to capitalism emerged in the 1920's?

Answer 1

Answer:

Welfare capitalism in the United States refers to industrial relations policies of large, usually non-unionised, companies that have developed internal welfare systems for their employees. Welfare capitalism first developed in the United States in the 1880s and gained prominence in the 1920s. Welfare capitalism provided social programs to help worker's rights and also to increase worker production and economic development.