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The minimum wage in the United States in the 1940s was 40 cents per hour. It was much less expensive to live on these wages during the 40s.
Yes, if it means a possession of 1940. Example: 1940's music
Higher Wages
Very poor
The 1940 cent consists of 95% copper and 5% zinc. The 1940 nickel consists of 75% copper and 25% nickel. The 1940 dime, quarter and half dollar consists of 90% silver and 10% copper.