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While the following video is presented in Italian with German subtitles, you don't need to speak ... All the great labor strife of the 1870's, 80's, and 90's -- the Great Railroad Strike & Riot of 1877, the Haymarket Riot (1886), the Homestead Strike (1892), and the horrific Pullman Strike (1894) -- followed from the understandable perception that wages were falling, as nominal wages actually were being cut, even while real wages in fact were rising.

Pages: 336

Publisher: KOGAN PAGE; 16th Revised edition (1993)

ISBN: 0749410612

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Arises when there are two different and opposing sets of circumstances that exist simultaneously, often found in economically less developed countries. For example: Higher class living with lower class. The practice of selling a good in international markets at a price that is below the cost of producing the good. A condition that arises when allocative efficiency is achieved online. Two comments: First, on non-participation of prime-age males:
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  • We were losing 1.2%-points of 25-54 prime-age male employment and labor force participation every decade….
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