Saving and investing are both ways in which people set mopney aside in order to let it slowly grow. A bank savings account will often grow at a set annual rate that is rather low. 1-5%. Investments are more risky as they can lose money, or they can grow a lot. The average return on investments tends to be a bit higher ~7%, but it is possible to lose money in the long-term with investment savings.
Answer:
The Gilded Age was characterized by really fast industrial and economic growth, from the 1870s to the 1900s. It was named after Mark Twain's and Charles Dudley Warner's novel <em>The Gilded Age: A Tale of Today</em>, which satirically describes a difficult period of living, covered and hidden with gold gilding.
The rapid expansion of industrialization was accompanied by a huge advance in transportation (railways), technologies and manufacturing (heavy industry, factories, coal mining), causing huge expansion of immigration from Europe to America, high real wage growth and individual wealth. During these years, the U.S. economy had the fastest rate of growth, with high GDP, capital formation, real wage, etc.
The Sixteenth Amendment allowed Congress to Levy an income tax.
Hope this helped.
-Davismr00.
Europeans primarily established colonies in Africa and Mexico during New Imperialism.
New imperialism constituted the period in which European made various efforts to gain new territory following the industrial revolution.
Africa and Mexico became their main target for Europe due to the richness in terms of natural resources that were prominent during Industrial Revolution. Africa was rich because of its metal reserves whereas Mexico was rich because of its crops and oil.
B because he didn’t free anyone, he made a deal and everyone went their own way.
