Explain Why The Gilded Saw America's Economic Boom

253 Words2 Pages
The Gilded saw America 's economy boom. Steel, oil, and railroads played a crucial role in this economic boom. Owners of the biggest companies, Vanderbilt, Rockefeller, and Carnegie, were the ones who industrialized our nation. Their industrial impacts were both positive and negative. Right after the Civil war, America was rebuilding itself. Arising along the rebuilding was unemployment. Thousands of people were jobless and had families to feed. Once big, industrialist-led companies starting employing, people scrambled to get a job at these companies. Although many people were being employed and paid, working conditions were very hazardous and payment was unfair. Workers would work twelve to eighteen hours a day, but got poorly paid by their
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