Chapter 610: Royal Academy_1

The economic recovery and prosperity of various nations had a noticeable feature, which was the continuous inflation of per capita income, even doubling compared to before the war.

But the question is, did the actual income of these countries' workers really increase? Perhaps not.

Firstly, they faced longer working hours. The war caused the European powers to lose a large portion of their population, and the shortage of labor prompted some factories to exploit their workers.

Workers' incomes appeared to increase, but they paid with much longer working hours than before, and their earnings per hour even decreased when calculated.

Moreover, with the rising commodity prices and the devaluation of currency, the quality of life and happiness index of the people were continuously declining.

Conversely, the workers of Australasia were markedly different from those European nations.