It happened in the 1800’s it allowed a lot more people to get paid more from their jobs resulting in a higher standard of living. This is where unions came in the picture, they wanted 8 hour work days and no child labor. The gilded age is known as a prosperous time for the nation but the government was very corrupt. There were corrupt industrialists, bankers and politicians who stole and benefited from the working class.
*The trans continental railroad made more people move west and created “robber barons”
*Since the government was corrupt muckrakers became a thing, the muckrakers exposed government corruption and such
This question goes a lot deeper, so if you want to know more just ask in the comments
Answer:
Republicans will claim that such a large spending in infrastructure could be inflationary mainly because of two reasons:
1. If most of the infrastructure bill is financed by money creation from the Federal Reserve, it could always exist the risk of higher inflation due to the growth of the money supply in the economy.
2. If the economic recovery goes faster and better than expected, then, such a large spending bill could theoretically overheat the economy, and cause inflation.
Both of these reasons are highly debatable, and are contentious not only among politicians, but also among economists.
Marco clearly lost his way home because there's no graph. marco is likely living under a bridge, because that graph is gone... poor marco.... maybe some day they will find him.. but for now... we just have to wait... if only marco had been more responsible with the graph and had included it in his question... (or you're just missing part of the question and it doesn't include a graph)
Answer:
All of the above big fella
