The Gilded Age

During the later half of the 1800's, the U.S. experienced dramatic economic growth. That growth was possible because of the resources available in the U.S. and lead to much progress and also many problems.
The Gilded Age was time of materialism and cultural shallowness. It occured in the later half of the nineteenth century because people were making and giving money freely. Many wealthy people were giving money in many directions especially to the universites. Also economists restated the importance of laissez-faire to economic growth. Government interference with business was minimal during this period, and entrepreneurs expanded their business and earned great wealth. To support the importance of laissez-faire capitalists looked at Charles Darwin's theory of natural selection other wise known as Social Darwinism. Social Darwinists said that life ...