HIS271Y1 Lecture Notes - Lecture 13: Edgar Thomson Steel Works, Gilded Age, George Pullman
Document Summary
Period known as vast economic growth in american history and society. Begins in 1877, b/c right after the reconstruction era, have this period where the both sides began to diverge, north acknowledged the south, both should be responsible for themselves. Mark twain: coined the term to ridicule the mass materialism, the gilded age is the period in time in american history covered with gold but underneath had little real value. The most rapid economic transformation any country ever encountered throughout history. The first stages set for mass materialistic culture in the united states after the civil war. Transpired by natural resources, new innovations, free enterprise & urban labor source. New innovations: transportation, production, factory, more cohesive after the civil war. Free enterprise: assisted by the federal government, supported the agricultural enterprise, giving money and land to people to open own corporation. Labor: growing of the immigrant labor, contributed to the expansion of manufacturing output.
