a decrease in the supply of workers in the labor market l esson 15 – w ages and the b lack d eath...

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A Decrease in the Supply of Workers in the Labor Market LESSON 15 – WAGES AND THE BLACK DEATH FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY

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Page 1: A Decrease in the Supply of Workers in the Labor Market L ESSON 15 – W AGES AND THE B LACK D EATH F OCUS M IDDLE S CHOOL W ORLD H ISTORY © C OUNCIL FOR

A Decrease in the Supply of Workers in the Labor Market

LESSON 15 – WAGES AND THE BLACK DEATH

FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY

Page 2: A Decrease in the Supply of Workers in the Labor Market L ESSON 15 – W AGES AND THE B LACK D EATH F OCUS M IDDLE S CHOOL W ORLD H ISTORY © C OUNCIL FOR

Medieval Pillory Punished Those Who Violated the

Statute of Laborers

LESSON 15 – WAGES AND THE BLACK DEATH

FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY

Page 3: A Decrease in the Supply of Workers in the Labor Market L ESSON 15 – W AGES AND THE B LACK D EATH F OCUS M IDDLE S CHOOL W ORLD H ISTORY © C OUNCIL FOR

Results of the Great Plague

1. The Statute of Laborers is issued in England.2. Workers begin to ask for higher wages.3. Some peasants buy their own land.4. To reduce their labor costs, some producers shift

from growing grain to raising sheep.5. Millions of Europeans die after being infected by the

plague bacteria.6. The supply of workers in Europe decreases.7. The standard of living of peasant workers rises and

they can choose where to work.8. Producers begin to pay more “in kind” benefits and

pay illegally high wages.

Place the statements in the correct order:

LESSON 15 – WAGES AND THE BLACK DEATH

FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY