Economy, asked by vickysmilevick6141, 1 year ago

How did abundance of labour in the market adversely affect the lives of workers?

Answers

Answered by ishasingla
1
everyone gets equal opportunity and there will be a lot of competition
Answered by nasirulhaq6595
4

Answer:

1. The abundance of labour in the market affected the lives of workers adversely. When there is plenty of labour wages are low.

2. The actual possibility of getting a job depended on existing networks for friendship and kin relations.

3. Many job seekers had to wait weeks, spending nights under bridges or in night shelters.

4. Seasonality for work in many industries means prolonged periods without works.

5. Although, wages increased somewhat in the early nineteenth century but they tell us little about the welfare of the workers.

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