History, asked by DurgaNandan3883, 1 year ago

The abundance of labour in the market affects the lives of the workers in the, 19th century, Europe. Explain with examples

Answers

Answered by IIT360Atul
1
I explained answer with example now look it
if there is abundance or lot of products of thing we have than the price of that decrease like cost of paper is 3 to 4 rupees but there is lack of diamond so it's basic cost is 500000 lacs
In this way abundance of labour in market affect the lives of the workers
Answered by Anonymous
1

\Large{\textbf{\underline{\underline{Following\:points\:are:-}}}}

1. In that period the industries offers a very short term employment as in simple we can say seasonal employment. Hence the workers faced unemployment in the remaining period. Due to this effect many workers returned back to their houses and many workers chased for looking different jobs.

2. The workers chase the job as due to this they have to wait for many weeks to get a proper and desirable job.

3. The workers got better wages in 19th century but die to the Napoleonic war the prices of goods rose rapidly as in the response the wages of workers get less than the price of goods.

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