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Verified Answer :

America's economy grew by more than 400% between 1860 and 1900

Technological advances, expanding population, improved transportation,
financial innovation, and new business practices combined to fuel this
economic growth

"Titans of Industry" like John D. Rockefeller, Andrew Carnegie, and J.P.
Morgan built monopolies and revolutionized business practices

Laissez faire ideology called for little or no government regulation of
economic affairs
Unskilled urban workers did not share in economic gains, instead
enduring great poverty

new technology, such as electricity and telephones


new methods for raising capital


the creation of corporations and new business practices


the expansion of railroads, particularly in the West