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The phrase "Gilded Age" was coined by Mark Twain and means that while all looked good on the surface, what lay beneath was vile and corrupt. It ushered in a period of Robber Barons, greed, corrupt politics, banks giving credit to those who didn't deserve it and garrulous displays of conspicuous consumption. The end result of all of this was the Stock Market crash that heralded the start of the Great Depression.

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10y ago

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