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The Gilded Age: An Overview
Transcript of The Gilded Age: An Overview
--Natural resources (lumber, coal, oil, rivers)
--Lots of people to work
(immigrants, former farm laborers)
-laissez faire (hands off)
the government does not
tell businesses what to do
Big changes occurred...
So...what was life like?
--Factories put entire families to work (even children)
--Poor working conditions
--Harsh distinction between rich and poor
--Still racism and sexism
--More Indian removal
So, as a result...
--Rise of factories
(peoples' jobs change)
-people move to cities
--Rise of monopolies and millionaires
--Politicians are corrupt
-In exchange for political support,
they used graft, or bribed people
The Gilded Age: 1878--1890s
What does "Gilded" mean anyways?
According to dictionary.com:
having a pleasing or showy appearance
that conceals something of little worth.
So...why do we call this era
the Gilded Age?
It was an era of tremendous growth,
wealth, and innovation...
But hidden beneath all the glitz was hardship,
racism, and poverty
-natural selection, but with people
--Gospel of Wealth
-Andrew Carnegie: wealthy people need to share their money with the poor
One single company controls an entire industry...
it would be like if Microsoft was the only company that sold computers
Should companies be allowed to form monopolies? Why or why not?
For some, life got better...
--New middle class emerges
-Entertainment through sports,
amusement parks, movies
-Macy's and Sears
--Inventions made life easier (telegraph, telephone, lightbulb)
For others, the Gilded Age brought hardship...
--The nation grew wealthy and powerful
--The rich got richer and the poor got poorer
--There was a need for reform in society, economy, and government which leads us into the next era:
The Progressive Era
1) What were some issues that needed to be fixed during the Gilded Age socially, economically, and politically?
2) Answer questions 4, 5, and 6 from page 79
Mansions of Newport, Rhode Island
as Industrialism took off in America, here's what happened...