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Financial Panics and Labor Unrest

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The socioeconomic consequences of the financial panics of 1873 and 1893 most directly contributed to which of the following developments in United States labor history?

A

Successful implementation of the eight-hour workday

B

Widespread adoption of profit-sharing arrangements

C

Intensification of class conflict and labor militancy

D

Decline in immigration from Southern and Eastern Europe

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