ipl-logo

Innovation Of The Gilded Age

666 Words3 Pages
The innovation of the Gilded Age was a time in American history that was made possible by a number of factors. Some of these same factors also gave rise to Industrial Capitalism. The labor availability of the time, the government;s laissez faire policies, railroads, and new ways to produce manufacturing all became fuel for the fire of Industrial Capitalism. For example, the labor availability gave way to cheap labor which helped increase the profits of those in power. On top of that, the railroads transformed the entire economy by transporting cheaply made products all over the country. The Gilded Age was a perfect time for Industrial Capitalism, because it was a formula that was nearly impeccable. The Gilded Age in America was possible
Open Document