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
Tems11 [23]
3 years ago
13

How did the gilded age wealthy class ( captains of industry) exploit the poor and immigrant class of workers for their benefits

and profit?
History
1 answer:
topjm [15]3 years ago
5 0

Answer: There was a time in U.S. history when the business magnates and titans of industry boasted more wealth than even today’s top technology innovators and visionaries.

During America’s Gilded Age — which spanned most of the latter half of the 19th century, from around 1870 to 1900 — the inflation-adjusted wealth and impact of America’s most towering figures far overshadowed what we see today.

The wealth of people like John D. Rockefeller, Cornelius Vanderbilt, Henry Ford, and Andrew Carnegie would by today’s standards be measured in the hundreds of billions of dollars — far more than tech giants like Elon Musk, Bill Gates, Mark Zuckerberg, and even Jeff Bezos, the wealthiest individual in the world as of 2019.

Wealth so vast can often highlight the financial inequality of an era. It’s this idea of grandeur in the face of unresolved social concerns that led Mark Twain to coin the phrase “Gilded Age” in his 1873 novel The Gilded Age: A Tale of Today. The title suggested that the thin veneer of wealth for the elite masked broader issues for many in the lower and middle classes.

But the progress made in the United States during the Gilded Age can’t be denied. As part of the Second Industrial Revolution, the country underwent an impressive economic expansion — led by the day’s larger-than-life figures of wealth and power. Much of this growth was courtesy of railroads — which now spanned from coast to coast — as well as factories, steel, and the coal mining industry.

Big business boomed, with technology such as typewriters, cash registers, and adding machines helping to transform how people worked. And the economic explosion included not only industrial growth, but also a growth in agricultural technology such as mechanical reapers.

In a time of such great expansion and fewer regulations surrounding wealth and business practices, circumstances were perfect for the rise of a class of extremely wealthy individuals who made up a very small percentage of society. They had the power and means to create opportunities and jobs for the many, though with less social prioritization on workers’ rights, issues like discrimination, exploitation, and low wages marked the era.

Still, it’s impossible to overstate the impact these individuals had on America’s development. With technology booming and immigrants flocking to the United States seeking better opportunities for themselves and their families, they left their mark on the United States — and on history.

Explanation:

You might be interested in
who produced large quantities of steel very efficiently by buying and controlling iron ore deposits, steel mils, and railroads?
PSYCHO15rus [73]
The Africans would be the answer
4 0
3 years ago
The discovery of what resource near butte, montana caused a huge boom in the region in the 1880s and 1890s?
arlik [135]
The answer is precious metals. 
4 0
3 years ago
How did scientific rationalism affect European religion and politics
Kryger [21]
Overall, scientific rationalism harmed European religion because educated European people began to question the beliefs of the Catholic Church rather than just accepting centuries-old ideals, undermining certain fundamental beliefs of the Church and slightly decreasing its reputation. In terms of politics, scientific rationalism began the inquiry into individual thought, causing many governmental policies to be seen as flawed and, later on, sparking revolutions.
3 0
3 years ago
The Non-Aggression Pact was<br> signed in the 1930s by<br> A. Japan<br> B. Germany<br> C. France
Vika [28.1K]

Answer:

I'm pretty sure it would be Germany!

Explanation:

I'm just going with what i remember

5 0
3 years ago
Read 2 more answers
What were the Sons of Liberty? A. Miltias established to attack British military facilities B. Secret societies of colonists for
allsm [11]

The Answer fam is............. B. Secret societies of colonists formed to protest British policies

4 0
3 years ago
Other questions:
  • What are they names <br>1.<br>2.<br>​
    9·1 answer
  • Which oil company was responsible for the valdez oil spill on this day in 1989?
    5·1 answer
  • Why where some romans happy about being conquered by the huns
    7·2 answers
  • Which methods of dealing with economic crisis that were established during the New Deal are still used today? Choose all answers
    10·1 answer
  • Which factor made it most difficult for soldiers to cross the area between the trenches? The land was too wide to be crossed. Th
    13·2 answers
  • Read the passage:
    9·2 answers
  • THIS IS ENGLISH I JUST PUT HISTORY!!!
    8·1 answer
  • What is a financial safety net?
    15·2 answers
  • What is an absolute monarch ?
    10·2 answers
  • 6. Political changes in the Industrial Revolution include: __________?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!