The economy of the Gilded Age was characterized by rapid economic growth and social change, and a deep recession in which high unemployment fueled massive and rebellious social change. This is further explained below.
<h3>What is
Gilded Age?</h3>
Generally, The Gilded Age was a period in the history of the United States that generally lasted from the years 1870 to 1900. It was a moment of significant economic expansion.
In conclusion, The economy of the Gilded Age was marked by fast economic expansion and significant social transformation over its time period. a severe economic downturn that was characterized by elevated rates of unemployment and gave rise to widespread social unrest.
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He was the first president to visit China.
These alliances that took place before World War 1 in a way started the war. For an example, Germany was in an alliance with Hungary and when they declared war against Serbia, Germany had to fight with them, and so on, finally creating World War 1. Within weeks, Germany declared war with other countries that declared war with others, creating a "domino effect" which just means that most countries just started fighting with one another, either because they declared war with them or because their allies did.
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apart of the Spanish-American war.
