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16.9: Conclusion

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    The march of capital transformed patterns of American life. While some enjoyed unprecedented levels of wealth, and an ever-growing slice of middle-class workers won an ever more comfortable standard of living, vast numbers of farmers lost their land and a growing industrial working class struggled to earn wages sufficient to support themselves and their families. Industrial capitalism brought wealth and it brought poverty; it created owners and investors and it created employees. But whether winners or losers in the new economy, all Americans reckoned in some way with their new industrial world.

    This page titled 16.9: Conclusion is shared under a CC BY-SA 4.0 license and was authored, remixed, and/or curated by American YAWP (Stanford University Press) via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.

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