Gilded Age

Topics: Gilded Age, Poverty, Progressive Era, Capitalism / Pages: 7 (1615 words) / Published: Jan 17th, 2013
The Gilded Age was a period in the U.S.’s history during the 1860’s to the 1900’s. This was a time period in which there was a great deal of political injustice, an economic growth caused by an industrial boom, a massive wave of immigrants, environmental exploitation, and new inventions that push America forward in time. All of these aspects are what lead the US into what we now call the “American Renaissance”.

Political injustice was common throughout the Gilded Age. Money was an asset that many people wanting to become a part of politics used. An example of this was Boss Tweed, a man that was mayor of New York in 1867. Tweed would send workers to Ellis Island to greet new immigrants and bribe them with things like jobs, shelter, food, and money. The immigrants would usually happily accept and become very loyal workers and voters when Tweed ran for mayor. Tweed not only used bribery to get votes but also used different mottos and quotes to get people to vote for him and sway the polls. For instance, one of his quotes was, “Vote early and vote often.” The problem with that is that one can only vote once. Usually, the immigrants didn’t know that and would vote more than once for Tweed, causing a large sway of votes.

During this time, there was also an enormous industrial boom that caused America's economy to grow by more than 400% (between 1860 and 1900) and several monopolies to be formed. Due to these monopolies, the first time millionaires were produced. A man that was among the first millionaires is JD Rockefeller. Rockefeller owned Rockefeller Oil, a self-owned and self-made monopoly thanks to his strategic planning. His plan was to eliminate the competition, which he did. To do that, he secretly buys that railroad and barrel companies and raises their prices on opposing oil companies. By 1900, Rockefeller controlled 95% of all the oil in the US. With these new riches, the millionaires would spend their money just to show how much wealth they had. While

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