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

Answer 1

The economy of the Gilded Age was characterized by rapid economic growth and a growing middle class. This period, which spanned from the 1870s to the early 1900s, saw significant industrialization, urbanization, and the expansion of the railroad network. The growth of industries such as steel, oil, and finance led to the rise of wealthy industrialists and financiers, often referred to as "robber barons." While there were instances of economic inequality and labor unrest, the overall trend was one of economic expansion and the emergence of a more prosperous middle class.

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