Archive
21st of September 2015
Social Studies
Q:

the average figures hide variations between trades and the fluctuations from year to year. explain

please ans it as soon as possible

Mkvinvestments6 Vijayvargiya - CBSE - Class X

Monday, September 21, 2015 at 13:58:PM

A:

The average figures hide variations between trades and the fluctuations from year to year because they are not adjusted to inflation. The wages of workers increased somewhat in the 19th century. However, if compared to the inflation caused by the wars and famines of the same period, the purchasing value of these wages comes down significantly. Also, the amount and recognition of the services provided also played a role in the final determination of the workers' wages.

Monday, September 21, 2015 at 18:51:PM