USA HISTORY

Detailed explanation-1: -Andrew Carnegie He epitomized the Gilded Age ideal of the self-made man, rising from poverty to become one of the wealthiest individuals in the history of the world. Born into a humble family in Scotland, Carnegie came to the United States with his impoverished parents at the age of 13.

Detailed explanation-2: -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-3: -Gilded Age (1878-1889) The growth of industry and a wave of immigrants marked this period in American history. The production of iron and steel rose dramatically and western resources like lumber, gold, and silver increased the demand for improved transportation.

Detailed explanation-4: -It was during the Gilded Age that Congress passed the Sherman Anti-Trust Act to break up monopolistic business combinations, and the Interstate Commerce Act, to regulate railroad rates. State governments created commissions to regulate utilities and laws regulating work conditions.