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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Monopolies
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Nativism
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Laissez-faire (hands off)
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Assimilation
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Detailed explanation-1: -Politics in the Gilded Age were characterized by scandal and corruption, but voter turnout reached an all-time high. The Republican Party supported business and industry with a protective tariff and hard money policies. The Democratic Party opposed the tariff and eventually adopted the free silver platform.
Detailed explanation-2: -Overview. During the Gilded Age, proponents of laissez-faire policies opposed government intervention in society or the market. Laissez-faire ideology influenced government policies toward labor relations and Reconstruction.
Detailed explanation-3: -In the American Gilded Age (1865-1910), laissez-faire was the dominant economic doctrine of the U.S. government. In layman’s terms, laissez-faire means “allowing you to do as you wish, ” which means the government plays a minimal role in the economy.
Detailed explanation-4: -How did government policies of the Gilded Age of the late 1800s promote industrialization? Laissez-faire economic policies allowed private businesses to operate freely.