What does the term "gilded age" accurately describe the period of the late 1800s?

The term "gilded age" accurately describes the period of the late 1800s as a time of economic growth and prosperity, especially for the upper class, which was marked by outward displays of wealth and luxury. However, beneath this apparent glitter and glamour, there were significant social and economic issues, including wealth inequality, political corruption, and labor unrest. The term "gilded" suggests that the era had a thin layer of gold on the surface, but underneath it, there were problems and challenges that were often overlooked or ignored.