Black Death labor scarcity land values Europe 1350 1400

The Black Death made surviving European workers more valuable

When the Black Death killed a large share of Europe's population, farms and businesses suddenly had fewer workers available. In many regions, survivors could demand better wages, move between employers or acquire land more easily. The plague was a human catastrophe, but the resulting labor shortage also weakened some of the economic relationships that had kept peasants dependent on landlords.

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