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Question
From 1870 to 1930, the trend in industry was for hours to be generally reduced, while both money wages and real wages rose. What factor was primarily responsible for this trend?
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Solution
The correct option is C Increased output per hour of work
The above-mentioned trend came about primarily because of technological advances that resulted in increased productivity.
The above-mentioned trend came about primarily because of technological advances that resulted in increased productivity.
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