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
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
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