Gilded Age Social and Economic Issues

The video explores the Gilded Age, a period of significant economic growth and industrialization in the United States following the Civil War. It highlights the era's prosperity and the underlying social issues such as income inequality. Key factors driving industrialization include the availability of raw materials, a growing labor force, and technological advancements like the Bessemer steel process and electricity. The video also discusses the role of entrepreneurs and the impact of railroads in transforming the American landscape.

What is the main theme of the Gilded Age?

• Gold is everywhere

• All that glitters is gold

• Gold is the only wealth

• Not all that glitters is gold

Which major change characterized the Gilded Age?

• Agricultural expansion

• Industrialization

• Cultural renaissance

• Technological stagnation

By 1900, which country became the leading industrial power?

• United States

• Germany

• British Empire

• France

Which of the following was NOT a factor in American industrialization?

• Growing transportation network

• Capital investment

• Lack of labor supply

• Availability of raw materials

What was the Bessemer steel process known for?

• Producing steel slowly

• Reducing the need for steel

• Mass producing steel efficiently

• Inventing new types of steel

What was a major effect of the transcontinental railroad?

• Decreased movement of goods

• Reduction in industrial growth

• Increased isolation of regions

• Connection of the east and west coasts

How did industrialization affect the cost of goods?

• Increased the cost

• Had no effect

• Decreased the cost

• Made goods scarce

What was a downside of the lack of business regulation during the Gilded Age?

• More government control

• Decreased industrial growth

• Increased child labor

• Improved working conditions

Which group of people played a crucial role in the industrial boom?

• Artists

• Farmers

• Politicians

• Entrepreneurs

What was a significant social issue during the Gilded Age?

• Universal healthcare

• Income inequality

• High literacy rates

• Equal wealth distribution