The Gilded Age was followed by the Progressive Era which lasted from the 1890s to the 1920s.Progressive Era is well known for its economical, Development of the steel industry was boosted by discovery of the Bessemer process.The effects of the Industrial Age were so essential to the economic and social development of the United States that some observers have referred to the industrial tycoons of the age as the “Men Who Built America.” However, industrial growth came at a considerable cost.
Literally the engine of the new industrialized economy, they facilitated the speedy transportation of raw materials and finished goods from coast to coast.
In addition to raw materials, these “iron horses” carried people west to settle the heartland and the frontier.
One of the hallmarks of the Gilded Age is an increased mechanization, or use of machinery to replace manual labor.
People were looking for cheaper and more efficient ways to create better products.
This inquiry uses the Industrial Age as a context for students to explore the compelling question “Is greed good?
” The Industrial Age, often referred to derisively as the Gilded Age, brought about unprecedented economic growth and the advent of modern living.
As a result, by , the United States boasted almost a quarter of a million miles of railroad track.
In turn, steel magnates such as Andrew Carnegie benefited from the increased demand for steel and responded by producing more.
As consolidation and innovation streamlined costs, it became cheaper and faster to ship raw materials, manufactured goods, foodstuffs, and oil via rail than by steamship.
Railroads transported people, too, and contributed, more than any other single factor, to the transformation and development of the West.