Question

In the late nineteenth-century United States, sharecropping was a common occupation among newly freed slaves and poor whites. The structure of the system left sharecroppers barely subsisting from their production, and deeply indebted to the landowners. This economic arrangement prevented the concept of

a. income mobility.

b. the life-cycle wage pattern.

c. compensating differentials.

d. human capital.

e. income differentials.

Answer

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