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  • Essay / The Gilded Age and Today's Society

    The Gilded Age continues to influence today's society through social and financial issues, work pressures and also capitalism. Much of the misery that exists is often overlooked due to the luxury broadcast on the news in the United States. Instead of recognizing the nation's deficiencies, individuals tend to deal with them and accept being a representation of the United States, like celebrities. and legislators. Compared to the situation in the late 1800s, the rich still take advantage of the poor by advertising what is useful to them. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay For example, around the time of the robber baron uprising, certain laws were passed to limit the powers that businesses can hold, and anticipate persistent foundations and imposing business models. In doing so, competition was maintained, resulting in increased costs and economics. With the abundance of field in businesses, the idle trade was neglected and found it much more difficult to gain financial advantage, and buyers had much less impact on items and costs. On top of this, the US government found itself obligated to these capable figures when it was forced out and undermined by insolvency, on numerous occasions. For this reason, individuals such as JP Morgan have chosen a poorly designed specialist within this body politic. The Gilded Age was also the birthplace of many of the innovative advancements we see today. Cases such as the rapid growth of industry, the creation of light bulbs, electricity and the efficiency of telephones, and how they are considered basic daily necessities in today's society. If these advances had not been made, today's innovation may not have achieved the advancements that were commonplace at the time. Any electronic power or innovation requiring power may be a thought of the future. This was also during the creation of the Transcontinental Railroad, which accelerated the ability to transport goods elsewhere more quickly. This allowed the industry to flourish. The shift to an even more industrialized economy led to the founding of enormous cities with skyscrapers and unused forms of engineering, many of which exist today. The deluge of migrants formed groupings of individuals from the same range, which we still see today with “Chinatown” and “Little Italy”. The given cross-border railway involves much better communication, transportation and development of goods. Despite the fact that there were problems with workers' compensation, debasement, substandard working conditions, among other things, this was fundamental to the development of a national economy. The problems and mistakes of this period made it necessary to create arrangements such as the Minimum Wage Act. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a Custom Essay As we see back , we are more aware of the unreliable way businessmen ran their businesses and took advantage of individuals to enrich themselves. Nowadays we are told about the deceptive and corrupt strategies that people indulge in, which is why today's society is not prone to the mistakes that were made during the golden age. Furthermore, the trade is much more..