What was a major consequence of the Black Death on European economies in the 14th century? 🔊
The major consequence of the Black Death on European economies in the 14th century was a severe labor shortage. As the population declined by approximately one-third, the demand for labor increased significantly. Workers could negotiate better wages and conditions, leading to the emergence of a more equitable labor market. This shift also prompted changes in agricultural practices, as landowners sought to attract workers. Ultimately, the labor scarcity contributed to the decline of the feudal system, fostering economic transformation and paving the way for the rise of a more capitalistic society.


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