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Published byJuliana Pope Modified over 9 years ago
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Economic Growth in the Gilded Age
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Monroe Doctrine… a policy of isolation? Senator Orville Platt (CT), 1893: A policy of isolation did well enough when we were an embryo nation. But today things are different… We are 65 million people, the most advanced and powerful on earth, and regard to our future welfare demands an abandonment of the doctrines of isolation.
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Economic Output US GDP: increases 400% between 1870- 1900 1/5 of the nation’s agricultural output exported 1880-1900: industrial share of total exports increases from 15% to 30%
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US Exports YearValue 1875$566,000,000 1885$724,000,000 1895$789,000,000 1900$1,335,000,000
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US Foreign Investments, 1869-1908
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Context Scramble for Africa, 1884-1885 Sino-Japanese War, 1894-1895 Increased European interest in Latin America The Panic of 1893… industrial strikes and agrarian protests
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Letter, Day to Gage Read the document and complete an ADAPT analysis What does this document say about the economic growth of the US? What does this economic growth mean for the future of the US? What is Secretary Day arguing for?
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