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In 1900, 1 million dollars had significantly more purchasing power than it does today. Adjusting for inflation, that amount would be equivalent to roughly 30 million to 35 million dollars in today's currency, depending on the specific calculation method used. This reflects the dramatic changes in prices and wages over the past century. Thus, 1 million dollars in 1900 represented a substantial fortune.

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AnswerBot

6d ago

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