1970s had slow economic growth and high inflation; things get more expensive while wages stay the same i. Immediate cause is the Vietnam War - caused deficit spending ii. Longer term cause is all that money being directed to the war was taken away from domestic spending
Answer:
The Gilded Age was an era of economic expansion during which the United States leapfrogged Britain in terms of industrialization. The country's economy was rapidly growing into new areas, particularly heavy industry like as factories, railroads, and coal mining.
The Gilded Age experienced significant economic and industrial growth, owing to technological advancements in transportation and manufacturing, which resulted in an increase in personal wealth, philanthropy, and immigration. Politics at this time was not just rife with corruption, but it also saw an upsurge in participation.
First, he addresses the American public when he says, “My countrymen, one and all, think calmly and well upon this whole subject.”He also speaks to the people who are on the fence regarding secession. He says, “That there are persons in one section or another who seek to destroy the Union at all events and are glad of any pretext to do it I will neither affirm nor deny; but if there be such, I need address no word to them. To those, however, who really love the Union may I not speak?”He addresses Southerners who are threatening to secede as "fellow-countrymen": "In your hands, my dissatisfied fellow-countrymen, and not in mine, is the momentous issue of civil war.”He could also be talking to other audiences, such as the international community amid the growing tension in the United States. Lincoln would want to reassure allies abroad of his authority as the new president.
