Final answer:
The term 'peon' refers to a type of worker, particularly an unskilled laborer in a low social and economic position, historically used to describe day laborers in Latin America and the southwestern US.
Step-by-step explanation:
The word 'peon' refers to a type of worker. Historically, it described a day laborer or an unskilled farm worker, particularly in Latin America and the southwestern United States. The term peon has been associated with workers who are at the bottom of the social hierarchy, often subject to poor working conditions and low wages. The original context of the term comes from the Spanish peon, which referred to a foot soldier, but over time, it evolved to mean a worker of low status.
When considering the available options, the most accurate definition for 'peon' would be option 2) A type of worker.