I was able to get a guest's perspective on what this time period means. The perspective is short but to the point
The “Gilded Age” was the period after the Civil War through the late 19th century. Mark Twain coined the name the “Gilded Age” which referred to a society that had numerous issues that were masked by a roaring economy and expansive riches. This was an era of rapid economic growth, where some men became very rich, while others lived in horrible poverty. This was a period when the United States transitioned from an agrarian society into an urban society with an economy dominated by a few very powerful businessmen. Some of these men you may have heard of: John D. Rockefeller (made his money in oil); Andrew Carnegie (made his money in steel); and J. Pierpont Morgan (a banker). The disparity between rich and poor was substantial. Toward the end of this era, the corporation became the dominant form of business organization. The major sectors of the nation’s economy were dominated by a small number of giant corporations. Some of these sectors included banking, manufacturing, oil refining, steel, and railroads. This era also saw a rise in immigrants to the United States, the establishment of labor unions, and an upsurge in social activism.
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