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Since the beginning of the twenty-first century, workers in the United States have more disposable income now than at any time in history.

A) True
B) False

1 Answer

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Final answer:

The statement regarding U.S. workers having more disposable income now than at any time in history is true,

as personal disposable income has grown substantially, and the overall economic welfare of workers has improved due to advancements in technology, education, and living standards.

Step-by-step explanation:

In response to the statement that workers in the United States have more disposable income now than at any time in history, the evidence suggests that it is True.

The market revolution indeed brought significant social and economic changes in the United States, creating a context where each successive generation tends to have a better life economically than the one before it.

Personal disposable income and consumption have grown substantially over the time period from 1962 to 2010. Workers in the current U.S. economy, with access to more advanced technologies and better education, enjoy the benefits of these developments.

Furthermore, considering the improvements in standard of living, such as reduced work hours, increased life expectancy, better health, and higher educational levels, it can be concluded that the overall economic welfare, including disposable income, has improved.

User Austin Crim
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