One Example of Emigration from Europe Was During the

question 4

Multiple Choice

One example of emigration from Europe was during the
Period between 1870 and 1913.Wages grew rather
Than declined in the destination nations of the United
States, Canada, and Australia.Why?

• A)The economic theory did not predict well.
• B)Workers from Europe were highly skilled and raised the equilibrium wage.
• C)The government stepped in and raised the minimum wage.
• D)Wages rose due to the industrial revolution and higher levels of capital but grew more slowly because of
• The immigration.

---

Definitions:

Manufacturing Overhead

All manufacturing costs that are not directly related to individual products, including costs related to indirect labor, materials, and factory operations.

Machining

The process of cutting, shaping, or removing material from a workpiece using machines.

Equipment Depreciation

Equipment depreciation refers to the allocation of the cost of tangible assets over their useful lives, representing the wear and tear, deterioration, or obsolescence of physical assets.

Supervisory Expense

Costs related to the management and oversight of operations within an organization.