The Gilded AgeThe Gilded Age was an era of rapid economic growth. In America, wages for skilled workers were much higher than that of Europe and attracted immigrants. HOwever, it was also an era of poverty.
PanicImmigration led to the rapid growth, based on farming, ranching, and mining so that labor unions became important in industrial areas. The Panic of 1873 interrupted the growth.
PanicThe Panic of 1893 happened. Two major nationwide depressions led the country crisis.