Guilded Age

For over three decades, the Gilded Age defined the Statess rapid economic growth from an agrarian rescript to the industrial powerhouse it is today. The economy flourished as the nations wealth increased dramatically. During the start of this industrial revolution, the country grew in race and a loftyer percentage lived in the cities. As immigrants poured into the country, businesses began to capitalize on the enormous labor. By the end of the century, two-thirds of Americans depended on wages. Development of the railway, which stimulate up the transportation of goods, and advancements in engineering such as the telephone increased business efficiency. knavish business practices highly-developed by industrious giants such as Andrew Carnegie, J.P Morgan and John D. Rockefeller make giant monopolies by eliminating competition in the market. However the considerable scale corruption of the government and the rampant greed of oversize corporations were covered by the t hin diligence of wealth and prosperity. Politicians were bonnie and corrupt. Throughout the Gilded Age, the politic automatic teller remained in a delicate balance. Fierce competiveness and narrow divisions amidst Republicans and Democrats made two parties hesitant to address the major issues.

As a result, coition was not effective in result the problems of the working classes. Instead, politicians were inattentive with the interests of businessman. Businessmen bribed politicians and employed fraudulent elections. too business leaders used their financial powers to adopt into high offices. What the nat ion bewildered in political leadership it ! substantiate in economically leadership. Americans were dedicated to free enterprise and the conceit of laissez-faire. Little governmental inference in economy allowed thin business, out of religion agreements, to fall prone to much bigger businesses. Employers and employees did not assign the same benefits. Industrial workers suffered from horrible conditions ranging from great hours to low...If you want to get a full essay, order it on our website: BestEssayCheap.com

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