Industrialization and the Rise of a Regulated Economy

BACKGROUND FOR THE PAPER: This is a 5-paragraph paper based on research in designated sources.  It is a position paper in which you support a thesis statement by reason and historical examples.  The United States went through dramatic economic change after the Civil War, as industrialization spread rapidly and changed society. This transformation and some of the apparent abuses that developed (monopolistic practices, work conditions, low wages, arbitrary and oppressive expectations) led to an increased role of the government in regulating businesses and society. Government might intervene on the side of business owners for a variety of reasons.  Or it might intervene on the side of workers. Or it might intervene for more general reasons.  This role was heightened as government was viewed as the arbiter between business and organized labor. One can explore these developments from 1865 on through to the end of the 1930s.  Examine the two statements below and drawing from provided sources, present a paper with specific examples and arguments to demonstrate the validity of your position. [Don’t use this background paragraph in your paper.]