The Gilded Age in the United States represents an era characterized by broad economic growth and massive social commitments. Workforce conditions within the country were very attractive compared to the rest of Europe and this served to attract large numbers of immigrants. Furthermore, along with explosive industrial growth, the Gilded Age proved to be a prosperous but also dangerous era, particularly for unemployed immigrants. On a social level, the Gilded Age was responsible for challenging some of the long-standing social ideals that had been in place for centuries. The following sections address the economic and social trends that have helped shape the United States into what it is today. Furthermore, it also addresses the different implications of these changes on the population, government and foreign partners. The main argument revolves around the idea of whether the Gilded Age was beneficial or harmful in shaping America. On the economic front, the Gilded Age marked the most notable economic improvement in America's history. Over the course of a century, the country's economy has grown by approximately 400%. Regarding technology, the American academic population has invested in the development of advanced machines such as vehicles and in the production of equipment. The major factors of production: land, labor, capital, and entrepreneurship were abundant, and their exploitation was promoted by the government and the private sector alike. It is important to note the minimal contribution of the American government which has been influential in creating a unique laissez-faire economy for the country. Other countries have had significant government presence in controlling the economy... middle of paper... n improved and perfected to the current era. Conclusion The Golden Age was characterized by massive extremes in all major tenets of life, including economics, society, politics, and religion. An era that questioned most of the previous principles and norms that had been practiced for centuries. Overall, the Gilded Age saw the creation of most of the building blocks that transformed the United States into what it is today. Politically, the Gilded Age provided fundamental reforms that limited the broad powers assumed by Congress and businessmen. Economically, the Gilded Age experienced massive economic growth combined with massive innovation and industrialization. Wage and working conditions in the United States have also improved significantly, which has played a major role in creating a formidable workforce capable of upholding employee privileges.
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