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?
Select an Answer
A reduction in profit margins
Minimum wage laws
Restriction of the labor supply
Increased output per hour of work
The best answer to this question is choice D. To arrive at this answer, you must be aware that the trend referred to in the question came about primarily because of technological advances that resulted in increased productivity. None of the other answer choices satisfactorily accounts for all the conditions described in the question.