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How Did Industrialization Affect The Economy During The Gilded Age

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Introduction This period was called the Gilded Age because it was when America started to become more wealthy. More people were working so the factories produced more and could sell more. Lots of things were starting to be invented. Americans also started to get greedy during this age. They wanted everything for themselves and for everything to improve even if it does hurt the world. During the Gilded Age there was four different social classes, wealthy/middle class, working/low class (farmers/industry workers), African-Americans, and the immigrants. Industrialization & Inventions Between 1860 and 1914, many inventions were created. In 1876, Alexander Graham Bell invented the Telephone which helped with long distance communication. Elias Howe and Isaac Singer were credited with patents for the sewing machine. It helped mend clothing faster and soon became a hobby for many people. The biggest invention that changed American life was the electric light bulb invented by Thomas Edison in 1879. Factories used them so that people could have night shifts and get more done. Did the workers like having night shifts? I don’t think they did because they would have less time with their …show more content…

They also started to get worried about losing their jobs after the depression of 1873 when 1/5th of the workers lost their jobs. So strikes were formed. The Railroad Strike of 1877 was started by Baltimore and Ohio workers because their pay got cut the for the third time in one year. They wouldn’t work the trains until their pay was better. On Tuesday, May 4, 1886, there was a bombing at Haymarket Square in Chicago. The bomb was thrown because people wanted an eight hour work day. Advantages for the workers was that they got better pay and hours. Disadvantages were that their bosses had to give them more pay and better hours so things probably didn’t get done as

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The Gilded Age was a “term coined in the 1873 to critique an era of political corruption and economic inequality that stretched to 1900” as the book says, but what was the Gilded Age really? The Gilded Age was a time of era where we will always remember of the accomplishments of thousands of Americans, but it was also a gap between the rich and the poor. The Gilded Age had many important growth for the economy, which is industrialization, railroads, inventions, monopolies, Laissez-faire policies, labor unions, urbanization, settlement of the West, and the rise of the Populist. The Gilded Age was a time of social change and economic growth. “During the Gilded Age, 1876-1900, Congress was known for being rowdy and inefficient” said from sageamericanhistory.net.

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Also at the time children were still being used in factories as laborers they did not have to pay. As David A. Wells said, “[T]he modern manufacturing system has been brought into a condition comparable to that of a military organization, in which the individual no longer works as independently as formerly, but as a private in the ranks, obeying orders, keeping step, as it were, to the tap of the drum..”. Many were just like simple robots being used as cheap labor, no one took pride in their work anymore and once workers and citizens began to realize that they held many strikes to try and change what the government had set for them. Some strikes include The Great Railroad Strike of 1877, Haymarket Bombing 1886, Homestead Strike 1892, and the Pullman Strike 1894. These strikes were held by many different labor unions that had formed at the time, to the public many saw the movements of the unions as radical and aggressive.

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In a time after the Civil War, when a transcontinental railroad was created connecting the East and West, people began to move and settle across the country, creating new urban cities and manufacturing hubs. It was because of the railroad that the Second Industrial Revolution and the Gilded Age took place which rapidly increased the manufacturing of products through the new machines in factories and the spread of ideas by the telegraph and railroad. It was in this context that many farmers, as well, began to move West and experience a loss in the prices of their crops. It is also in this context that many workers were forced to work long, laborious hours with little pay. Farmers responded to industrialization in the Gilded Age by forming organizations such as the Granger movement and the Farmers Alliance as well as creating the Populist Party.

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