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Essay On The Gilded Age

437 Words2 Pages

The Gilded Age was a period of time in United States history where there was lots of economical growth and industrialization. Many people started working in business or tried being entrepreneurs, and this led to many opportunities for career advancements. This also gave people the chance to explore tinkering with technology making it more widespread to all. With this it allowed entrepreneurs and businesses men to be more advanced and create in their field, making them successful and giving them the titles of “captains of industry.” Although everyone didn’t like these practices it was making a difference in the US economy. Figures of the Gilded Age were known as “robber barons” because they were unethical to their workers and exploited them. They controlled industries through monopolies, making it possible to high jack prices through the roof. This highly affected their customers, especially immigrants since they were paid the least and working conditions were poor. During this time there was a lack of legal protection for workers. Many with the upper hand were …show more content…

In this case, I understand wanting to be able to invest in technology and wanting to advance this new industry. This was a great way of climbing the economic ladder, this can be seen similarly to investing in crypto or being early/consistent with social media. However, this can also be abused, as mentioned higher-ups would take advantage of this position by making themselves of only ones in control of their market making it difficult to get in or advance. Along with that since there weren’t any laws protecting workers the officials could care less about their worker's environmental conditions, only if it made them money. I’m happy that we have been able to grow and learn from this type of lifestyle, mostly and be able to protect others and our

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