APFIVE Economic Effects of Gilded Age Innovation
What economic effect did the series of technological inventions during the Age of Invention have on American society?
A
They led to the immediate democratization of wealth among all social classes.
B
They spurred rapid economic growth and the emergence of wealthy industrial magnates.
C
They primarily contributed to small-scale craftsmanship replacing mass production.
D
They caused a lasting economic decline due to environmental degradation.
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