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Stuff I didn`t cover well (or at all)
Stuff I didn`t cover well (or at all)

... • Explain how slavery became a significant issue in American politics, include the slave rebellion of Nat Turner and the rise of abolitionism (William Lloyd Garrison, Frederick Douglass, and the Grimke sisters). • Explain the Missouri Compromise and the issue of slavery in western states and territo ...
economic growth and social reproduction
economic growth and social reproduction

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Railroads and Economic Growth in the Antebellum United States
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Technology, unemployment, and relative wages in a global economy
Technology, unemployment, and relative wages in a global economy

... (1995) concur with Krugman that many of the major technical innovations should be looked on as global rather than local shocks. Thus if one also wants to account for the different experience of Europe and America regarding wages, one cannot look only at technology. If technical progress is to be par ...
Abstract - International Journal of Social Sciences and Education
Abstract - International Journal of Social Sciences and Education

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Why is Wage Growth So Low? - Reserve Bank of Australia
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PDF
PDF

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The Ups and Downs of Minimum Wage Policy
The Ups and Downs of Minimum Wage Policy

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1 Wolfgang Streeck, Anke Hassel Trade unions as political actorsi 1
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11 - Weber State University
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1 Wage Inequality between Skilled and Unskilled Workers in China
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... The average wage accounted for CZK 21,470 and was by CZK 1,517 higher (7.6 %) compared with the same period of 2006. Consumer prices in Q3 2007 compared with the same period of the previous year rose by 2.5%, with the real wage rising by 5.0 %. The average wage increased by CZK 1,528 (7.6 %) to CZK ...
The Effects of Technical Change on Labor Market Inequalities
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... the labor market in various ways. We argue that (i) there is ample evidence indicating significant capital-embodied and/or skill-biased technological change and that (ii) this kind of technological change would plausibly lead to many of the transformations in the labor markets that we have observed. ...
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gottfries neu mmi08  6681734 en
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... the timing of price and wage changes. While the aggregate properties of these models are quite well established, the microeconomic dynamics of staggered pricing models have received little attention. This is both surprising and unfortunate, considering that the main argument for using these models i ...
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Gilded Age



The Gilded Age in United States history is the late 19th century, from the 1870s to about 1900. The term was coined by writer Mark Twain in The Gilded Age: A Tale of Today (1873), which satirized an era of serious social problems masked by a thin gold gilding.The Gilded Age was an era of rapid economic growth, especially in the North and West. As American wages were much higher than those in Europe, especially for skilled workers, the period saw an influx of millions of European immigrants. The rapid expansion of industrialization led to real wage growth of 60% between 1860 and 1890, despite the ever-increasing labor force. However, the Gilded Age was also an era of abject poverty and inequality as millions of immigrants—many from impoverished European nations—poured into the United States, and wealth became highly concentrated. Railroads were the major industry, but the factory system, mining, and finance increased in importance. Immigration from Europe, China and the eastern states led to the rapid growth of the West, based on farming, ranching and mining. Labor unions became important in industrial areas. Two major nationwide depressions—the Panic of 1873 and the Panic of 1893—interrupted growth and caused social and political upheavals. The South after the American Civil War remained economically devastated; its economy became increasingly tied to cotton and tobacco production, which suffered from low prices. Black people in the South were stripped of political power, voting rights, and left economically disadvantaged.The political landscape was notable in that despite some corruption, turnout was very high and elections between the evenly matched parties were close. The dominant issues were cultural (especially regarding prohibition, education and ethnic racial groups), and economic (tariffs and money supply). With the rapid growth of cities, political machines increasingly took control of urban politics. Unions crusaded for the 8-hour working day and the abolition of child labor; middle class reformers demanded civil service reform, prohibition, and women's suffrage. Local governments built schools and hospitals, while private schools and hospitals were founded by local philanthropists. Numerous religious denominations were growing in membership and wealth; they expanded their missionary activity to the world arena. Catholics and Lutherans set up parochial schools and the larger denominations set up many colleges and hospitals.
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