The phrase "Gilded Age" implied that the era was characterized by:

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The phrase "Gilded Age" refers to a time period in American history (late 1800s-early 1900s) where there was a surface level appearance of wealth and prosperity, but underlying this was widespread corruption, exploitation, and wealth inequality. It was characterized by the greedy actions of monopolies, corrupt politicians, and industrialists who amassed immense wealth at the expense of workers and the poor.

The Phrase "Gilded Age" Implied That the Era Was Characterized