THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Almost all Americans enjoyed great wealth
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Almost all Americans struggled greatly during this time period
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While some Americans enjoyed great wealth, most struggled during this period
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While most Americans enjoyed great wealth, some struggled during this period
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Detailed explanation-1: -The Gilded Age was a period of rapid industrialization in America from 1865-1898. It was characterized by the extreme wealth of a few individuals, while many others lived in poverty. This era is often associated with political corruption and exploitation of immigrant labor.
Detailed explanation-2: -Rural Americans and new immigrants crowded into urban areas. Tenements spread across city landscapes, teeming with crime and filth. Americans had sewing machines, phonographs, skyscrapers, and even electric lights, yet most people labored in the shadow of poverty.
Detailed explanation-3: -The economy moved from agrarian to industrial; consumer goods were mass-produced and readily available. However, manufacturing was not the only industry that experienced growth. The railroad industry grew as the need to transport people and goods increased.
Detailed explanation-4: -The Gilded Age was characterized by an unusually rapid growth of railroads, small factories, banks, stores, mines and other family-owned enterprises, together with the start of millions of new farms, especially in the prairie region.