The Gilded Age, which took place around the late 19th century, was a time of riches and poverty. Many were prospering due to the Industrial Revolution and the economic boom it brought. This age allowed people to move the economic ladder and eventually become rich. But even if many were prospering during this time, numerous were not able to move from their poverty-stricken life. Some may say that during the Gilded Age the rich were getting richer and the poor were getting poorer. Yet, even with all their differences, the rich and the poor did have their similarities during the Gilded Age.
Firstly, the lavish lifestyle of the big business did have some similarities to the life of poverty, the “Other Half.” Yes, while the rich and the poor do
Rethinking Mercantilism: Political Economy, the British Empire, and the Atlantic World in
the Seventeenth and Eighteenth Centuries
Author(s): Steve Pincus
Source: The William and Mary Quarterly, Vol. 69, No. 1 (January 2012), pp. 3-34
Published by: Omohundro Institute of Early American History and Culture
Stable URL: http://www.jstor.org/stable/10.5309/willmaryquar.69.1.0003 .
Accessed: 06/09/2012 12:18
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