Question

How did the Black Death change the European economy?

By creating a labor shortage that pushed the continent toward a market economy
By damaging crops and making the continent dependent on imported food and textiles
By depleting the continents wealth and turning most people back to subsistence farming
By shutting down trade routes and isolating the continent

Answer 1

[AI-generated answer — Bot GPT 3.5]

The Black Death changed the European economy by creating a labor shortage that pushed the continent toward a market economy. With a significant portion of the population dying from the plague, there were fewer workers available to farm the land, work in factories, and perform other essential tasks. This led to an increase in wages and gave workers more bargaining power, ultimately shifting the economy towards a market-based system where labor was more valued. Additionally, the decrease in population also meant that there was less demand for goods, leading to a downturn in production and trade.