How did the wages of the poor rise compared with prices?
Answer and explanation
Correct answer: More slowly than prices
In late eighteenth-century France, prices of essential goods, especially bread, rose faster than wages. As a result, poor people could buy fewer goods with their earnings, so their purchasing power fell. The option saying that wages rose at the same rate as prices is incorrect because purchasing power would not have declined so sharply in that case. Exam tip: when prices rise faster than wages, real income and purchasing power decrease.
Frequently asked questions
What is the correct answer to this question?
More slowly than prices
Why is this the correct answer?
In late eighteenth-century France, prices of essential goods, especially bread, rose faster than wages. As a result, poor people could buy fewer goods with their earnings, so their purchasing power fell. The option saying that wages rose at the same rate as prices is incorrect because purchasing power would not have declined so sharply in that case. Exam tip: when prices rise faster than wages, real income and purchasing power decrease.
Which subject and chapter does this question cover?
This is a Class 9 History question. Chapter: The French Revolution. Topic: French Society During the Late Eighteenth Century.
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