1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marat540 [252]
3 years ago
5

The economy grew more quickly during the Gilded Age than at any other time in US history. Two factors that caused this growth we

re
History
2 answers:
Brums [2.3K]3 years ago
7 0

<u>The two factors that caused the quick economic growth during the Gilded Age (from the decade of the 1870s until 1900) were the following:</u>

  • Industrialization, and major productivity improvements led to a large accumulation of wealth and attracted many inmigrants to the US, who entered the labor force and contributed to generate more welfare. Nevetheless, there were high inequality levels.
  • The development of railroads, which enabled to expand markets where the products generated in the industries could be commercialized. The  domestic demand that now could be served after the improvement of the communications was huge, and this increased the profits of many companies, that kept on producing, selling, hiring, and generating economic growth.
fomenos3 years ago
4 0
The two factors were <span>a great increase in steel production and an increase in the value of manufactured goods. (source: quizlet</span>
You might be interested in
What were the religious and political reforms associated with reformation
USPshnik [31]

Answer:

to the increase of literacy

6 0
2 years ago
Why did Ghana's economy/empire collapse?
Grace [21]

Answer:

Ghana was combined in the kingdom of Mali in 1240 marking the end of the Ghana Empire. A tradition in historiography maintains that Ghana fell when it was sacked by the Almoravid movement in 1076–77, although Ghanaians resisted attack for a decade. but this interpretation has been questioned.

Capital: Koumbi Saleh

Religion: African traditional religion, Islam

Common languages: Soninke, Malinke, Mande

3 0
2 years ago
What was the main message of The Wealth of Nations by Adam Smith?
rosijanka [135]

Answer:

The economy runs better without governmental involvement.

Explanation:

In the Wealth of Nations, Adam Smith lays out a very robust theory about how the economy works, this is why many economists consider him to be the Father of the economic science.

Adam Smith's main thesis was that people, acting own their own interest, were guided by the invisible hand, leading to positive results that benefited the whole of society, even if that was not the main goal of economic actors in first place (their main goal being furthering their own interests).

For this reason, Smith thought that most government intervention was unecessary, since according to him, economic actors tended to self regulate in the market, and to produce an optimal result for society. He did justify some government intervention though: in the military, in the judicial system, and in some basic social services in order to care for the poor, the elderly, and the sick.

7 0
3 years ago
How did Thomas Jefferson use the power of the federal government to explore the Louisiana Purchase?
zaharov [31]

Answer:

<em>Hello, The Louisiana Purchase was a land purchase made by United States president, Thomas Jefferson, in 1803. Thomas Jefferson approved the deal and used his constitutional power to sign treaties to buy the land. Napoleon Bonaparte sold the land because he needed money for the Great French War. The Louisiana Purchase of 1803 brought into the United States about 828,000 square miles of territory from France, thereby doubling the size of the young republic. An amendment of the Constitution seems necessary for this.” Jefferson drafted an amendment that would authorize the purchase of Louisiana retroactively. But Jefferson's cabinet members argued against the need for an amendment, and Congress disregarded his draft. The Senate ratified the treaty in October of 1803. Hope That Helps!</em>

3 0
2 years ago
Which statement describes the relationship between feudal lord and vassal. The vassal provided loyalty and service. The feudal l
olasank [31]

Answer:

The answer is he looks after his well being.

Explanation:

7 0
3 years ago
Other questions:
  • 1. Explica como era la vida de los indígenas en America antes de la llegada de los conquistadores. 2. ¿Cómo fue que llegaron los
    15·1 answer
  • (01.04 hc) what do the demographics of the 104 english settlers who remained in virginia in 1607 prove about english colonial ai
    15·1 answer
  • How how did Herbert Hoover earned the nickname the great humanitarian
    13·1 answer
  • Evaluate the effectiveness of Progressive Era reformers and the federal government in bringing about reform at the national leve
    14·1 answer
  • What was true of Federalists? A. They believed the national government should be stronger than the states.
    15·2 answers
  • HELP PLZ URGENTTTTTTT PLZZZZZ
    11·1 answer
  • WILL MARK YOU AS BRAINLIEST!! Determine how the Industrial Revolution affected the U.S. economy. What aspect do you consider to
    5·1 answer
  • Who was John C. Calhoun and what was his significance?
    5·1 answer
  • PLEASE HELP BEING TIMED
    6·1 answer
  • As a result of the war with spain in 1898, the united states gained
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!