How Did The Second Industrial Revolution Affect The Economy In The Gilded Age
With the landscape of America being changed by the expansion of the railroad–which tripled in miles between 1860 and 1890–and a growing population, mass production, distribution, and marketing drove the country into the “second industrial revolution.” Manufacturing and steel production skyrocketed, creating mass migration–and immigration–to industrial cities. With new technological innovations and scientific breakthroughs, the country experienced rapid economic growth. While it would seem that Americans had finally reached the land of milk and honey, it appears they had fallen short; they had arrived in The Gilded Age. A novel by Mark Twain and Charles Dudley Warner not only lent its name to this period, it also coined the phrase that became widely known as the era’s slogan: “Get rich, dishonestly if we can, honestly if we must.” Capitalists accumulated wealth and power, while a lack of labor laws–or unions–allowed for ‘slave-like’ working conditions. Laborers were seen as ‘property’, had no job security, were treated poorly, and wages were inadequate. Living conditions were worse. Americans saw political corruption, prolonged economic downturns, and a new social order that created a divide and sparked conversations about ‘classes.’ …show more content…
Being drawn to large industrial cities, where the factories and new jobs could be found, people moved away from the farm. Republican strategist Bruce Mehlman believes that this shift away from agriculture is equivalent to the economic shift that has taken place between 1955 and today. From 1870 to 1920, “the economy shifted dramatically away from agriculture toward manufacturing . . . just as it has moved away from manufacturing toward service over the past half century” (Hohmann, James. The Daily 202: Why a Republican strategist thinks we’re in a new Gilded
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1089 Words | 5 PagesThe saying that history repeats itself has been proven to be true time and time again. History seems to be doomed to repeat itself as if lessons were never learned from past mistakes. The Gilded Age is a unique period in American history that is undoubtedly repeating itself in the modern day. Corruption, unprecedented immigration, and the massing of wealth by the top 1% of the population are just a few of the things that characterize this period of American history. The same issues that plagued America over 100 years ago are re-emerging in todays’ society leading scholars to say that America has arrived in “The Second Gilded Age”.
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