Wednesday, January 1, 2020

Individual Economic Opportunity, Social Equality And...

Individual Economic Opportunity, Social Equality and Political Democracy in the 19th Century Name: Institution: Individual Economic Opportunity, Social Equality and Political Democracy in the 19th Century Introduction Between 1865 and 1900, many people looked at United States as a country where individual economic opportunities, social equality and political democracy reigned supreme. One cannot say that this people were entirely right or wrong. To some extent, they were right by from different perspectives, the same cannot be said. However, one thing that is for sure is the economic opportunities that were available during this period. All the three aspects, individual economic opportunities, social equality and political democracy were present, although not to everyone. Individual Economic Opportunity On the other hand, not the same can be said about economic status and opportunities. During this period immediately after the civil war, the country started on a tremendous growth led by the railway industry. It was a period also referred to as the railroad boom just like the 1990 was referred to as the computer boom. The railway construction was aided by the governments in terms of funds as well as through land grants to the rail companies. The government funded about half of the finances for construction, which accelerated the construction. This created many economic opportunities for Americans, who could work in these constructions including AfricanShow MoreRelatedAristotle, Joseph Schumpeter, Milton Friedman, And John Rawls1230 Words   |  5 Pagesconcept of equality is multi-faceted and widely debated among scholars. While there is no singular definition for equality, equality deals with the distribution of some â€Å"thing† in a specific domain. For this paper, equality will be narrowed down to the domains of economic and political. 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