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The economy of the Gilded Age was characterized by
economic growth and high unemployment among unskilled workers.
rapid economic growth and social change.
a deep recession in which high unemployment fueled massive and rebellious social change.
slow economic growth and high unemployment among the middle class.

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okpalawalter8

The economy of the Gilded Age was characterized by rapid economic growth and social change, and a deep recession in which high unemployment fueled massive and rebellious social change. This is further explained below.

What is Gilded Age?

Generally, The Gilded Age was a period in the history of the United States that generally lasted from the years 1870 to 1900. It was a moment of significant economic expansion.

In conclusion, The economy of the Gilded Age was marked by fast economic expansion and significant social transformation over its time period. a severe economic downturn that was characterized by elevated rates of unemployment and gave rise to widespread social unrest.

Read more about the Gilded Age

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