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5 votes
How did business owners become profitable during the gilded age?

2 Answers

3 votes

Answer:

The term "Robber Baron" was used to describe determined, and often ruthless and dishonest businessmen. It was, primarily used to describe the railroads executives that soon was used to describe all the others captains of industry. As one example we can point out the building building of the Union Pacific and the Central Pacific, where those barons shamelessly profiteered by constructing companies controlled by insiders who overcharged the railroad companies.

Step-by-step explanation:

answered
User Czuroski
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8.4k points
6 votes

Answer:

Economic growth.

Step-by-step explanation:

The Gilded Age experienced dramatic economic and technological development, owing to technological advancements in infrastructure and production, which resulted in an increase in personal fortune, philanthropic work, and migration. Democracy at the this time was not only rife with corruption, but that also saw a rise in involvement.

answered
User Jcupitt
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7.8k points
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