GED Social Studies TestU.S. HistoryMedium
A historian is examining the social and economic changes in the United States during the Gilded Age (roughly 1870-1900). Which of the following was a characteristic feature of industrialization during this period?
- AThe rise of powerful industrial monopolies and trusts.
- BA strong government emphasis on environmental protection.
- CA decline in the overall wealth of the nation.
- DA significant increase in agricultural employment.
Show answer & explanationAnswer & explanation
Correct answer: A. The rise of powerful industrial monopolies and trusts.
The Gilded Age was characterized by rapid industrial growth and the emergence of 'captains of industry' who created vast corporations and trusts. These monopolies often controlled entire industries, leading to immense wealth for a few, but also concerns about unfair competition and worker exploitation.
Why the other options are wrong
- B. Environmental protection was not a major government concern during this era of rapid industrial expansion.
- C. The Gilded Age saw a massive increase in national wealth, though it was often concentrated at the top.
- D. Industrialization led to a shift from agricultural to urban and industrial employment, not an increase in agriculture.
Gilded Age Industrialization
A period in U.S. history (late 19th century) marked by rapid economic growth, particularly in industry, but also by significant social inequality and political corruption.
- Rise of 'Captains of Industry' like Carnegie, Rockefeller, Vanderbilt.
- Emergence of powerful monopolies and trusts.
- Massive urbanization and immigration.
- Significant wealth disparity.
Memory trick: The Gilded Age saw 'Giants of Industry' controlling the economy.