Market Disruption: Black Crow Black Plague Edition
The Black Death pandemic of the 14th century caused widespread economic disruption, leading to labor shortages, wage increases, and a decline in trade. The economic impact was significant, as many workers died and those who survived demanded higher wages. This led to a shift in the balance of power between workers and employers, with workers gaining more leverage. The pandemic also caused a decline in trade, as fear of the disease led to reduced demand for goods and services. This economic downturn lasted for several years, and its effects were felt across Europe.
