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Essay On The Gilded Age Of China

1365 Words6 Pages

With the unbelievable speed of the development of the national transportation system and the speedy industrial growth, the United States was undergoing an incredibly economic growth during the late nineteenth century. The railroad rapidly spread all over the states and the middle class was experiencing remarkably prosperity. But behind the beautiful and glamorous cover, in the shadow of that age, the poverty of the labors; the corruption of the government; the challenges of the American democracy, were latent crisis that made the age gilded. China today is experiencing uniquely similarity of the Gilded Age of the US, and it looks exactly like a shadow of it. Highly developing transportation system; booming of the industry; progressive middle-class; …show more content…

Both of them break through the institutional barriers, and had a long-term economic growth. After the civil war, the northern industrial and commercial capitalists hold federal regime, the true sense of the unified national capitalist market development, encourage various industrial development and western development measures and the second revolution of science and technology combination. American economy realizes the rare history big economy on long-term growth in 1870 was 75.3% GDP in the UK. In 1913, USA catches up with the key period of England. The total American GDP increased 5.26 times, the British grew by only 2.24 times so America has become the undisputed world economic powers. In 1977, China was ranked 13th in the world, but 2nd in 2015. The population of the poor people of China decreased from 2.5 billion to 20 million. The foreign exchange reserves of China changed from $1.67 billion to $10.663 billion. The total import and export volume of China increased from $206 billion to $17607 billion. The massive changes are happing to a short time just after 2000, the rising of China takes China to the “Gilded Age”. In conclusion, both China and America concentrated on the development of the economic development and ignored the inequalities of society, economic and political and just make the countries into an ostensible and flashy prosperity and full of greedy and corruption in the government for a long time. But now they make great improvements to change it and become better

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Following the Civil War, the United States was made up of plentiful farms and few cities. In comparison to European countries, such as England, industrialization within the US was significantly slow, and the influx of Western settlers as well as the lack of available labor predicted the country would always stay rural. However, for the subsequent forty years, production and industrialization would surge, the labor force and population would increase, and the US would soon be known as the greatest industrial nation in the world. America’s huge industrial growth from 1860 to 1900 was a result of the Republican Party’s platform and the rise of efficient machinery.

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Late 19th century, the United States became the leading industrial nation in the world which transformed the national economy of the nation during the period called Gilded Age. The most influential development of this era were the new inventions of the inventors, who invented new ideas and new products which led to a rise of big business. The inventors mostly controlled the nationwide industries, factories and had much control over the government and people who owned small business. Because of these new inventions the American life was changed and there was a drastic growth in the urban areas, there were significant changes in the transportation, agriculture, communication, and there was a demand in the labor union because of the newly built factories and industries. The life of this era was seemed to be constantly in motion as big businesses were rising and the life of every American got busier and busier because of the newly invented products.

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During the Gilded Age wealthy people lived by an unbendable social calendar. Most wealthy people spent their time going to fairs, circus, sporting events, etc. Many Women spent an enormous amount of time hosting parties. One host actually offered their guests a cigar wrapped in hundred-dollar bills. A fairly small percentage of wealthy people lived in luxury homes.

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I think America industrial growth have not occurred without the industrial giants of this period because they contributed many impacts to the rise of American industry. " Gilded age" is the term used Mark Twain to describe a period of the late 19th century when the wealth and prosperity of the American people dramatically increase. Industrial giants were people who have put up huge property according industrialization wave of America (rail, mines, banks, factories ...) with the smart, resourceful and brave too time also unethical. Industry leaders include John D. Rockefeller and Andrew Carnegie in steel. Both became leaders’ charitable assets donated their money to build a modern system, including hospitals, universities, libraries and foundations.

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Corruption was rampant in politics and labor. There was a growing disparity between the rich and the poor and the large influx of migration wasn't helping this. All the while the urban middle class were experiencing a growth in this period. (pg3) Reformers were comprised mainly of the middle class.

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The Gilded Age alludes to a period in American History where there was gigantic financial development, innovative advances, and improvements in popular culture. Indeed, even such a significant number of Americans felt that these advancements were misrepresented and that underneath this change and riches laid the brutal substances of urban areas, political defilement, and the abuse of workers. Be that as it may, there were endeavors to better those that blocked the glittery part of America. There was a gigantic development inside the urban populace. This was because of the ascent of movement and in addition Americans expecting a superior life in urban regions due to every one of the employments accessible.

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