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America 1900. "The U.S. was the wealthiest economy in the world. Per capita income was on a level with Britain and Australia, was twice that of France and Germany, and was quadruple the standard of living in Japan and Mexico. Still, most Americans in 1900 were living in what we today would consider poverty. In present-day dollars, per capita American income in 1900 averaged around $5000, less than a fifth the current level. In other words, the typical American in 1900 had about the same income that a typical Mexican has today .. ". more 2BLOWHARDS. Posted by Greg Ransom | TrackBack