History The Black Death Questions
The Black Death had a significant impact on economic structures. It caused a severe labor shortage as a large portion of the population died, leading to a decrease in agricultural production and a rise in wages. This shift in labor dynamics also resulted in the breakdown of feudalism and the rise of a more capitalist economy. Additionally, the reduced population led to a decline in demand for goods and services, causing a decline in trade and economic activity. Overall, the Black Death disrupted economic structures and led to long-term changes in labor, trade, and economic systems.