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How did government policies of the Gilded Age of the late 1800s promote industrialization?

How did government policies of the Gilded Age of the late 1800s promote industrialization?<br/>

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Asked by Res, Last updated: Nov 09, 2024

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Answered Jan 31, 2019

Government policies of the Gilded Age of the late 1800s promoted industrialization through the Laissez faire economic policies that allowed private businesses to operate freely.

The Gilded Age was the era of rapid economic growth after the American Civil War in the 19th century. Laissez faire reached its apex in 1870s during the age of industrialization as American factories operated with a free hand.

The Sherman Antitrust Act was passed in 1890.This federal law committed the American government to opposing monopolies. It wasn’t the government policy that promoted industrialization in the Gilded Age. Neither was the New Deal policies created for the unemployed or Imperialism fuelled steel production in the United States.

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