Why was the late 1800s considered the golden age of American capitalism? Give specific examples from your reading.

Explanation: Mark Twain called the late 19th century the "Gilded Age." By this, he meant that the period was glittering on the surface but corrupt underneath. The Gilded Age was an era of rapid economic growth, especially in the Northern United States and the Western United States. As American wages grew much higher than those in Europe, especially for skilled workers, the period saw an influx of millions of European immigrants. The rapid expansion of industrialization led to a real wage growth of 60%, between 1860 and 1890, and spread across the ever-increasing labor force.

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