WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Graft
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a Bribe
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Patronage
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a scam
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Detailed explanation-1: -Introduction: An Overview of the Gilded Age There was a shift from an agrarian economy to an industrial economy and many Americans began to move to urban areas.
Detailed explanation-2: -The term “Gilded Age, ” coined by Mark Twain and Charles Dudley Warner in their 1873 book, The Gilded Age: A Tale of Today, was an ironic comment on the difference between a true golden age and their present time, a period of booming prosperity in the United States that created a class of the super-rich.
Detailed explanation-3: -The Gilded Age was a period of economic growth as the United States jumped to the lead in industrialization ahead of Britain. The nation was rapidly expanding its economy into new areas, especially heavy industry like factories, railroads, and coal mining.
Detailed explanation-4: -The wealthy elite of the late 19th century consisted of industrialists who amassed their fortunes as so-called robber barons and captains of industry.