Question

Briefly explain how one person, event, or development from the period 1865–1900 that is not explicitly mentioned in the excerpts could be used to support josephson’s interpretation.

Answer 1

There are different kinds of event. The event is that presence of growing inequalities in industrial America such as cheap labor, little regulation is known to be a key evidence of poverty and also the presence of the first millionaires and obvious consumptions evidence of wealth.

• Another even is that the total standard of living and wealth in the US continues did increase as a lot of immigrants did migrate into the US, this attracted more opportunity or Gospel of Wealth.

What is Josephson's historical interpretations?

Josephson was known to have stated that industrial leaders did succeeded via their immoral actions  and through that, they did consolidate their businesses and made a lot of capitalist production more effective.

Brands was said to have argues that capitalist self-interest was simply good for industrial leaders and the people/business in all.

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