In fourteenth-century Europe, the bubonic plague:
A) reduced the population of Europe by about one-half.
B) substantially increased economic output in Europe.
C) substantially increased real rentals on land in Europe.
D) substantially increased real wages in Europe.

Question

Quizplus · Accepted Answer

The bubonic plague resulted in a significant reduction of Europe's population, which led to a labor shortage. This labor shortage increased demand for workers and resulted in higher wages for those who were still alive. The increase in real wages meant that workers could access higher purchasing power and better standards of living.

In Fourteenth-Century Europe, the Bubonic Plague