How much did the government regulate business practices during the Gilded Age?
Answers
It barely regulated businesses at all is the right answer.
Gilded Age was a period following the civil war and Reconstruction in the history of the United States. This period is seen by historians as a period of rapid economic, political, technological and social transformation. By the end of this age, the United States became the leading industrial country in the world. However, the federal government during this age has been criticized for its absence of regulative control. And this lack of regulatory authority led to a great lack of economic regulations. The economic conflict increased and a small minority grew to power and drove many of their rivals to bankruptcy. Critics of the federal administration arraigned a lack of economic command that kept the most prominent business-people from controlling the economy. It was believed that these “captains of industry” gained through often illegal tactics in a market with few regulations governing fair trade practices.
d. It barely regulated businesses at all