Between the years 1865 and 1917, various elements of the U.S economy have experienced tremendous change. Such elements as industrial production have caused great change. As industry increases so will population in America. Because of such a rapid increase in industry in such a short time, America was in need of workers. This is why America had an open-door policy to immigration. America soon became what is today a melting pot of culture.
Although industry brought employment, which is a positive aspect, most employees were underpaid and over-worked. Many laborers were taken advantage of during this time period, which may make industrial success not look as good as some may perceive it to be.
Along with industrial increase in America was a need for transportation, a connection between the east and west. This was the main reason for the building of the trans-continental railroad which connected the east and west coasts. Because of industry booming this railroad was vital for trading and commute across the country.
Although this age brought about much change and economic success, this "happy" time ended with Government regulation of business. The government had made the conscious choice of illegalizing monopolies and pools which was unfair to the consumer and the laborer. There was much corruption during this period of time and the people of the U.S needed to be protected against unsafe working conditions and unfair business tactics practiced by such tycoons as J.D Rockefeller and Andrew Carnegie.