Question

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To what extent was capitalism a major aspect of American Identity from the Revolutionary Era through the Gilded Age? (CCOT)

-AP U.S. History

Answer 1

Capitalism has created economic classes in America and has also established boundaries in society so that this one can arise; thus capitalism is the foundation of the country's economy

Theories such as Social Darwinism, laissez-faire and the "invisible hand" from the times of Adam Smith forged the ground for the laws of supply and demand, and were the baseline for the consolidation of corporations; then modern technologies remapped the financial structures to maximize the use of natural resources and rise the labor force therefore emphasizing consumption.

Answer 2

Capitalism is referred to as the economy in which the private entrepreneurs own the property and the demand and supply set the price of the goods and services as per the interests of the society.

This economy had created a wall of economic class and set the boundary between people in order to raise the capitalist economy. Capitalism is known as the foundation of the economy.

Theories such as Social Darwinism, laissez-faire, and the "invisible hand" from the times of Adam Smith forged the ground for the laws of supply and demand and were the baseline for the consolidation of corporations

Then modern technologies remapped the financial structures to maximize the use of natural resources and rise the labor force, therefore, emphasizing consumption.

To know more about the Capitalist economy, refer to the link below:

https://brainly.com/question/14501833