Gilded Age

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Gilded Age

The period of American history from approximately the end of the Civil War to the early 20th century. The Gilded Age was marked by rapid industrialization, development of infrastructure (such as railroads), and virtually no government regulation of the economy. Important industrialists, such as Andrew Carnegie, John W. Rockefeller, Cornelius Vanderbilt, and others, led a period of development that created what became the modern American economy. This age saw the early development of organized labor, which the industrialists often violently opposed. Apologists for the Gilded Age point out that this era laid the foundations for American philanthropy and employed many people who might have gone without jobs otherwise. Critics denounce the era's alleged conspicuous consumption on the part of the wealthy and economic instability that they claim came from lack of regulation. See also: Panic of 1873, Panic of 1893, Panic of 1907, Cross of Gold, Robber baron.
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Gilded Age

The years between the Civil War and World War I when institutions undertook financial manipulations that went virtually unchecked by government. This era produced many infamous activities in the security markets.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
(12) Albro Martin, "The Troubled Subject of Railroad Regulation in the Guilded Age: A Reappraisal," in Journal of American History 61 (1974), 339--371.
Bok, whose work is distributed by Creators Syndicate, spoke as part of a Hayes-center series called "Illustrating the Guilded Age: Political Cartoons and the Press in American Politics and Culture, 1877-1901."
This exhibition of treasured American Paintings features majestic American countryside landscapes, Guilded Age richness, the luminosity of American Impressionists and the engaging realism of the early 20th century.
THE MISSING CORPSE: GRAVE ROBBING A GUILDED AGE TYCOON details the circumstances of the grave robbing, the many theories which abounded at the time, likely events, and its social impact.
This was the Guilded Age, a time when the sinister pattern of purchasing political favors for money was common.
Where America's realists found in Pere Goriot or Germinal parallels to lives in the Guilded Age, the great internationalists were drawn more to difference in their substantial literary dealings with France.
While the extent of spoils and corruption in Guilded Age politics is clear, it is also clear that contending voices, often identified by section as well as class, thought their economic causes and political choices were in the best interests of the nation.