THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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factories often increased prices.
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factories often increased wages.
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prices fell faster than wages.
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wages increased faster than prices
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Detailed explanation-1: -Throughout the late 1800s, deflation caused prices to fall, which increased the buying power of workers because money was more valuable.
Detailed explanation-2: -the growth of the population between 1860 and 1910 provided industrialists with a large workforce and also creted greater demand for the consumer goods factories produced. in the late 1800s, large trade unions generally failed, but industrial unions prospered.
Detailed explanation-3: -How did working conditions encourage workers to form unions in the late 1800s? The poor working conditions brought workers closer to gather and made them want to fight for better working conditions.
Detailed explanation-4: -In the history of America’s trade and labor unions, the most famous union remains the American Federation of Labor (AFL), founded in 1886 by Samuel Gompers. At its pinnacle, the AFL had approximately 1.4 million members.