Historical Example of Labor Supply and Demand
Submit a 250- to 300-word response addressing one of the following historical events in terms of labor supply and demand: the Great Depression, the Luddite Revolt, the Black Death, or the
technology boom of the 1990s. Include the following:
• What was the impact on the supply and demand of labor on one sector of the labor market?
• Explain the factors that affected labor demand and labor supply in the chosen historical example.