Labor was cheaper because people had more work to do and less time to rest.
Imagine you're playing with your toys, and there are only 10 blocks in the box. You can build a big tower fast because there aren’t too many pieces. But if there were 100 blocks, it would take longer, even if you’re really good at stacking.
Back then, most people worked on farms or in big fields, and they had to do the same job every day, like planting seeds or harvesting crops. There wasn’t much time to rest or play. So their work was hard, but it also meant there were more workers around, making labor cheaper.
Like a big game of tag
Think about it like playing tag with 10 kids versus playing with 100. With fewer players, the game is faster and easier, just like having fewer workers means each person can be paid less because there's more work to go around.
That’s how labor could feel cheaper, like a game that goes on longer and harder for everyone involved.
Examples
- A farmer in the 1800s earns less than a factory worker today because of fewer job options and lower living costs.
- Workers in old factories didn’t have health benefits or retirement plans, which made their wages seem cheaper.
- People used to work long hours for small pay, making labor feel more affordable overall.
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See also
- How Does The Great Inflation - One Minute History Work?
- How Does The Gold Standard Explained in One Minute Work?
- How Does This Empire Never Used Money. Here’s Why Work?
- How Does Top 15 Countries With The Highest Inflation Rate (1980-2020) Work?
- How Does Top 10 Countries by Inflation Rate (1980-2018) Work?