What were effects of wealth generated by industrialization, History

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What were effects of wealth generated by industrialization

Problem

From the last decades of the 19th Century and into the early 20th, industrialization and urbanization developed as the result of a particular set of fairly unique social and economic circumstances that existed in America at that time. What were the effects of the wealth generated by industrialization? Did everyone benefit equally from the profits? How did this wealth affect society?

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