Great Compression
Sign in to savea decade of extraordinary wage compression in the United States in the early 1940s
Connections
distribution of wealth
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income inequality in the United States
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World War II
Concept
Franklin D. Roosevelt
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Industrial Revolution
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inflation
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Great Depression
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unemployment
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October Revolution
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labor union
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General Motors
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Paul Krugman
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deflation
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recession
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War of the Spanish Succession
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2007–2008 financial crisis
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minimum wage
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Four Asian Tigers
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New Deal
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Wall Street crash of 1929
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