Wealth

Definition

Wealth refers to the abundance of valuable resources or possessions that an individual or group possesses, typically in the form of money, assets, or property. In the context of Gilded Age America, wealth was primarily generated through industrial capitalism.

Related terms

Robber Barons: Refers to wealthy industrialists who gained immense fortunes during the Gilded Age through monopolistic practices and exploitation of labor.

Captains of Industry: Refers to successful business leaders who amassed great wealth but also contributed positively to society through philanthropy and innovation.

Working Class: Refers to the laboring population who often faced poor working conditions and low wages during the Gilded Age while a small portion accumulated significant wealth.