By 1900, the Average Yearly Income of American Workers

question 69

Multiple Choice

By 1900, the average yearly income of American workers

• A)was about $600.
• B)allowed most workers to maintain a reasonably comfortable standard of living.
• C)remained generally unaffected by economic boom-and-bust cycles.
• D)All the answers are correct.
• E)None of the answers are correct.

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Definitions:

Euro

The official currency of the eurozone, which is used by many of the European Union's member states.

U.S. Dollars

The official currency of the United States, commonly abbreviated as USD.

Netherlands Guilders

The former currency of the Netherlands before the adoption of the euro, historically used in various Dutch territories.

U.S. Currency Value

The worth or purchasing power of the United States dollar in domestic and international markets.