Question

Which three factors transformed industry during the Gilded Age? new technology, government investments in business, and new business practices new business practices, new technology, and the expansion of railroads immigration, government investments in business, and the expansion of railroads the expansion of railroads, new technology, and the government’s repeal of taxes

Answer 1

The correct answer is the use of new business models, the rise of new technology, and the expansion of railroads

New business models led to increased innovation that facilitated growth. New technology led to increased productivity while railroads facilitated transportation and movement of both people and goods

Answer 2

Answer:

New business practices, new technology, and the expansion of railroads

Explanation:

The Gilded Age was a time in America during the late 1800's and early 1900's that focused saw a rapidly growing economy based around industrialization. The development of new business practices helped to create this new economy. This included vertical integration and horizontal integration. Both of these business structures helped to create monopolies, like the one that John D. Rockefeller had in the oil industry.

New technology like the creation of the assembly line, the bessemer process, etc. helped to spark growth in different markets. Lastly, the increase in railroad mileage allowed for the connection of the entire continental US, making the shipping of goods and materials easier.