What was the average minimum wage in 1955?

Understand the Problem

The question is asking about the average minimum wage in the year 1955. It includes multiple-choice options with different values, indicating it is likely a quiz or test question.

Answer

$0.75 per hour, increased to $1.00 in 1955.

The average minimum wage in 1955 was $0.75 per hour, which increased to $1.00 later that year.

Answer for screen readers

The average minimum wage in 1955 was $0.75 per hour, which increased to $1.00 later that year.

More Information

In 1955, the federal minimum wage started at $0.75 per hour and increased to $1.00 due to amendments, reflecting post-war economic adjustments.

Tips

A common mistake might be assuming the $1.00 rate was applicable for the entirety of 1955, while it actually started as $0.75.

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