The Gilded Age And Their Change During The Gilded Age

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In a time after the civil war, America improved their financing by switching to the gold standard, improved communication by boosting the telegraph, improved transportation by building railroads, and improved wealth by giving contracts for clothes to multiple companies. The economy was also improving massively also due to natural resources, demography, and law. Railroads allowed people as well as supplies to be transported quicker, safer, and cheaper. Companies bought each other out and formed monopolies which made the price go up and the owners very wealthy. Aside from all of these positives, there are also various problems that took place during the Gilded Age (1865-1900). Problems like how industrial workers and farmers responded to industrialization. Farmers and industrial workers responded to the Gilded Age (1865-1900) by protesting in the Haymarket Square Riot and by making the populist political (stance/party). To resist the Gilded Age (1865-1900) farmers out west formed the Populist party. Farmers formed the populist party for many reasons. One reason that the populist party was formed was to replace the Farmers Alliance. The Farmers Alliance sought to give farmers political power as well as creating cooperatives that would help future farmers. With this political power, farmers could break up monopolies to lower railroad prices to earn a larger profit. Railroads were a monopoly which meant the owner could charge as much as he wants for the use of his
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