Which of the Following Properly Assesses the Significance of Wage

question 24

Multiple Choice

Which of the following properly assesses the significance of wage labor in industrializing America during the Gilded Age?

• A) More and more Americans viewed wage labor as a temporary stop on the path to independence.
• B) Unfree working conditions in Gilded Age industries largely made traditional wage labor a thing of the past.
• C) Workers understood wage labor to be the key advantage of American industries over European competitors.
• D) More and more Americans experienced wage labor as a permanent condition on the edge of poverty.

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Definitions:

Job Hunting

The process of actively seeking new employment, including activities such as applying for jobs, networking, and interviewing.

Deductible

The amount that a taxpayer must pay out-of-pocket before an insurance company will pay any expenses.

Unreimbursed Employee Business Expenses

Expenses employees incur in the course of performing their job that are not reimbursed by the employer.

Itemized Deductions

Expenses allowed by the IRS that can be subtracted from adjusted gross income to reduce taxable income, including mortgage interest, medical expenses, and charitable contributions.