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November 1, 2025
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jan 5, 1914 - Wages Increased

Description:

Basic wage rates are increased by Ford Motor Company. Workers now would receive $5 per day for eight hours of work versus $2.40 per day for nine hours previously. Inflation went up because the cost of goods of services got greater, but families got to spend/save more, making them happy.

Added to timeline:

Date:

jan 5, 1914
Now
~ 111 years ago