Historical records suggest that that the Black Death of the 14th and 15th centuries
A)decreased labor productivity
B)increased labor productivity
C)reduced labor's share of output
D)caused a shift of wealth from peasants to landowners

Question

Quizplus · Accepted Answer

The Black Death significantly reduced the population, leading to a labor shortage. This shortage increased the bargaining power of workers, leading to higher wages and, as a result, increased labor productivity as landowners and businesses had to make more efficient use of the reduced labor force available.

Historical Records Suggest That That the Black Death of the 14th