... nations, and is destined soon to outdistance all others in the race. In population, in wealth, in annual savings, and in public credit; in freedom from debt, in agriculture, and in manufactures, America already leads the civilized world" (Grob & Billias 28). Here Andrew Carnegie, a famous steel industry tycoon of the Gilded Age, suggests industrial growth and the accumulation of wealth would begin the process ... have to worry about regulation from state governments. After the Civil War the US experienced a shift from light manufacturing to heavy industry (steel, oil, machinery) during th...

• Word Count: 1703
• Approx Pages: 7
• Grade Level: Undergraduate