The Wagner Act Established the First Minimum Wage for Workers

question 165

True/False

The Wagner Act established the first minimum wage for workers.

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Definitions:

Sherman Antitrust Act

A law passed in 1890 to eliminate monopolies and guarantee competition.

Monopolies

Market structures characterized by a single seller dominating the entire market for a particular product or service, restricting competition.

Consumer Purchases

Transactions made by individuals or households for items that fulfill their personal needs or desires, as opposed to business or commercial buying.

Demographics

Statistical data relating to the population and particular groups within it, often used for targeting in marketing and research.