"Although wages increased somewhat in the nineteenth century, yet they could not improve the
welfare of the workers." How far do you agree with the statement?
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1. The average figures hide the variations between traders and the fluctuations from year to year.
2. When prices rose sharply during prolonged Napoleonic war, the real value of what the workers earned fell significantly.
3. The same wages could now buy fewer things.
4. The income of workers depended not on the wage rate alone. What was also critical was the period of employment.
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Answer:
When prices rose sharply during prolonged Napoleonic war, the real value of what the workers earned fell significantly.
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