What does the graph tell you about the balance of income during the late 1800s?
2 answers:
In the last third of the 19th Century USA Economy began to grow rapidly wich doubled per capita income over the period. Machinery and consumer goods were important as well, the railroad network expanded around the country. Companies began to start a new form of management system to carry out their operations. There were a second industrial revolution, such as the electrical light, automobile, phonograph, telephone. the inflation was slight because of the rising gold and silver.
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