What was the American economy like in 1912?

In 1912, the American economy was experiencing significant growth and industrialization, characterized by a rise in manufacturing and urbanization. The Progressive Era was underway, leading to social reforms aimed at addressing issues like labor rights and corporate regulation. The economy was marked by increased productivity, a booming Stock Market, and a growing middle class, although it also faced challenges such as income inequality and labor strikes. Overall, it was a period of transition, setting the stage for both prosperity and future economic challenges.