The period of 1865 to 1900 was characterized by repeated economic booms and panics. Government policy towards the coinage of silver and railroad regulations helped and hindered agriculture’s ability to prosper; technology, such as railroads, helped transport goods to the eastern markets, wheat-threshers helped produce more crops, and farming was diversified; economic booms and panics, and the want for silver largely affected the prices of farmer’s goods.
After the soaring ideals and tremendous sacrifices of the Civil War, the post-War era of the United States was generally one of political disillusionment. Even as the continent expanded and industrialized, political life in the Gilded Age was marked by ineptitude and stalemate as passive, rather than active, presidents merely served as figureheads to be manipulated rather than enduring strongholds. As politicians from both the White House to the courthouse were deeply entangled in corruption and scandal during the Gilded Age, the actual economic and social issues afflicting urbanizing America festered beneath the surface without being seriously addressed.
The late 19th century witnessed the birth of modern America. It saw the closing of the Western frontier. Between 1865 and the 1890s, Americans settled 430 million acres in the Far West--more land than during the preceding 250 years of American history. But to open lands west of the Mississippi River to white settlers, the Plains Indians were pushed in a series of Indian wars onto restricted reservations.
The farmers were rapidly being left behind in the race for wealth and status. “The American farmer is steadily losing ground. His burdens are heavier every year and his gains are more meager; he is beginning to fear that he may
Have you ever wondered what it would have been like to live in this world and country during the transition from a rural; agriculture society to an economic nation rise of an industrialized society? Well that is exactly what the people of the Gilded Age experienced. It was a time of a dramatic business and political practice. In order for the business’s to rise there soon became a great amount of separation towards the people and the country. This caused our society to experience a stressful time and made it very difficult for ideas and concepts to equal out. Throughout this specific document there are four sources that were written by different individuals. Each and every source has an explanation and an overview of the times in the Gilded Age.
Agriculture was the most important economic activity in America from the founding of Virginia in 1607 to about 1890. Although farming declined rapidly in relative economic importance in the twentieth century, U.S. agriculture continued to be the most efficient and productive in the world. Its success rested on abundant fertile soil, a moderate climate, the ease of private land ownership, growing markets for farm produce at home and abroad, and the application of science and technology to farm operations.
The Gilded Age was a time of industrialization full of inventions. This era occurred a few decades after the Civil War. This occurred in the late 1800’s. This era in my opinion, was literally the start of America itself. After gaining independence, America was eager to start as a new country in the world. The United States of America had just established a government along with its own constitution. The Gilded Age is known for its many inventions that helped shape up America today. Many things people used often were soon replaced by modern, newer technology. Jobs and skills needed for the jobs required less effort due to the great inventions. This era was the era when electricity was invented. That is a huge accomplishment already. The era also introduced the growth of railroads for transportation. Before, northerners and southerners couldn’t even agree upon a main railroad and which direction it would go. Now, Americans need not worry about the issue anymore. Of course, along with all the rapid growth and industrialization, population took a peak as well. Not only were people living in urban places such as the north, but it also was being heavily populated (the north). A big factor resulting from this era also was that a national market emerged! This was huge because international trade was made easier and shipping became cheaper. In that time, that was a big improvement!
The American economic system grew dramatically during the Gilded Age, but not without loss in some of its values. It quickly became a time filled with greed and the strive for personal wealth, but it still prospered. The industrial revolutions of this time aided in beginning the United States’ change into a closer form of the country people recognize today. The change would not have been possible if it were not for the inventions of the railroad, telephone, education, and industry expansion. People began to fight for what was right through strikes and pickets, and the government began to look out for its people in more and different ways than ever before. The Gilded Age was an essential time that America would not be the same without.
Federico, Giovanni. "Not Guilty? Agriculture in the 1920s and the Great Depression." The Journal of Economic History 65.4 (Dec 2005): 949-976. History Study Center. Web. 5 May 2014.
Eventually, “…Europe was recovering and beginning to rebuild its agricultural sector, it no longer needed to import huge amounts of farm products from abroad…” (Baughman, 89). It was at this time in the early nineteen twenties that the economy of American farming began to plump downward.