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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Which of the following statements about the “Gilded Age” is true?
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the middle class ran society
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there was a major difference between the rich and the poor
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immigrants lived in luxury
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many people shared in the wealth resulting from the growth of big business
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Explanation:
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: -Laissez-Faire economics best describes the Gilded Age. This means no government regulation of business.
Detailed explanation-3: –Between 1870 and 1900, the United States experienced a period of economic and industrial growth, increased political involvement, immigration, and social reform known as the “Gilded Age."
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