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Wages, Gaps and Unions

Handout

Two facts in one sentence

  • As the price of many goods decreased, workers' real wages increased, providing new access to a variety of goods and services; many Americans' standards of living improved, while the gap between rich and poor grew.
  • Standards of living improved and the gap between rich and poor grew — both, at the same time.
  • That is the hardest fact of the period to hold, and holding it is what a good answer does.

Handout

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IGCSE, A-Level & AP