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Negative Effects Of Monopolies During The Gilded Age

137 Words1 Pages
The Gilded Age was the period through 1868 to 1896 that came to be during Ulysses S. Grant’s presidency. This period introduced many highlights for instance, high voter turnouts and growth in entrepreneurship with names like Andrew Carnegie and Cornelius Vanderbilt dominating the business world. However, it was disgusted with many faults, for example, unethical political strategies like patronage and inhumane working conditions. Many would argue that the industrial developments during the Gilded Age brought many negative effects onto american society the growth of unethical business practices like monopolies. However, due to the increase of national wealth through the emergence of entrepreneurship in steel and shipping industries along with
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