From 1873 to 1893, the economy was characterized by

Question

Quizplus · Accepted Answer

From 1873 to 1893, the economy was characterized by intense competition for markets, both domestically and internationally, as industrialization and the expansion of railroads and telegraph lines facilitated broader trade and communication. This period, often referred to as the Long Depression, saw fluctuating prices and economic instability, but competition, rather than significant government regulation, declining productivity, or strong inflationary trends, was a defining feature.

From 1873 to 1893, the Economy Was Characterized by