Laissez-Faire economics best describes the Gilded Age. This means no government regulation of business.
Gilded Age During this time, America became wealthier and experienced unprecedented growth in industry and technology. But the Gilded Age had a more sinister side. It was a time when greedy and corrupt businessmen, bankers, and politicians enjoyed extraordinary wealth and wealth at the expense of the working class.
In American history, from about 1870 to about 1900, rapid industrialization, an expanding labor force of immigrants, and minimal government regulation helped the upper classes accumulate enormous wealth. , the time when you were able to enjoy a luxurious lifestyle.
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