Question

Because of the business practices of the 2nd Industrial Revolution, the U.S. economy was still recovering in the late 19th and early 20th centuries? yes or no??? if no, can you explain?

Answer 1

Certainly not. The economy of the United States boomed like never before or since up until 1900, largely as a direct result of sensible liberty-sensitive government by Republican Administrations. It entered a period of difficultly in the early 1900s, due to the interference of well-meaning but stupid Progressive policies, and then recovered again briefly in the 1920s with Harding and Coolidge, before taking a nearly fatal blow in the 1930s from the pernicious and wrong-headed activism of Herbert Hoover and FDR.