The Gilded Age

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Kathleen P

 

Date added:

December 23, 2014

 

Level:

University

 

Grade:

C

 

No of pages / words:

13 / 3429

 

Was viewed:

3833 times

 

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Essay content:

With the end of free labor, the US had sought a new ideology, and found it in Adam Smith's market model. The market model was a beneficial system overall, however, many focused not on the gains that it brought but instead on the condition of the poor. The market model was indeed a gain of the time period and was met by the pursue of individual interest...
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"These questions lead Smith to a formulation of the laws of the market. What he sought was ?the invisible hand,' as he called it, whereby ?the private interests and passions of men' are led in the direction ?which is most agreeable to the interest of the whole society"(Borg74). Smith's model promoted a much more aggressive economy and individuals sought their own success...
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