Even When the Labour Market Was Efficient, Wage Differentials Could

question 101

True/False

Even when the labour market was efficient, wage differentials could still occur.

---

Definitions:

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved, typically through efforts that entail job creation, infrastructure improvements, and poverty alleviation.

Congressional Reconstruction

A period following the American Civil War where the U.S. Congress implemented and oversaw the reconstruction of the Southern states.

Southern White Resistance

Refers to the opposition by white Southerners to the Reconstruction policies following the Civil War, aiming to restore white supremacy and undermine African American rights.

Union League

An organization established during the American Civil War to support the Union’s cause, promote patriotism, and help finance the war effort.