The gilded age
Notes:
1870
Millions of European immigrants
11.7 immigrants
Immigrants were a big thing during this time, that’s why the population increased so much.
The rich became richer and the poor became poorer
Immigrants were treated poorly
Railroads, mines, and banks boomed
North was industrial and South depended on slavery
The “ Gilded Age” was an era of massive economic growth
During this time low wages, child labor, long hours and unsafe working conditions were the negative effects of industrialization
Great businesses during this time were railroads, oil, and steel.
Andrew Carnegie – opportunity to work at the railroad, he’s was identified as on of the richest people or richest American ever
John D Rockefeller – philanthropist, wealthy with oil industry, wealthiest man in modern America
JP Morgan Chase – he owned a company that invested in stocks using other people’s money
Samuel Slatter – stole technology to memorize the plans
Mark twain named it the gilded age
The entire novel was completed between February and April 1873.