Changes in Wages and Prices in England's Economy From the Black Death
Sources
Black Death: Political and Social Changes
Ibeji, Mike. "Black Death: Political and Social Changes." BBC. February 17, 2011. Accessed May 6, 2019. http://www.bbc.co.uk/history/british/middle_ages/blacksocial_01.shtml.
This source contributes to my thesis by revealing that there was a law passed on June 18, 1349 called The Ordinance of Laborers to stop the rising wages because it was rising too fast and high because of the shortage of workers in England.
The Economic Impact of the Black Death
Routt, David. "The Economic Impact of the Black Death." EH.net. Accessed May 02, 2019. https://eh.net/encyclopedia/the-economic-impact-of-the-black-death/.
This source contributes to my thesis with a Voyant analysis of the words “death,” “black,” “plague,” “higher,” “economy,” “services,” “wage,” “prices,” and “England” to show that the economy of England was changing with higher wages and price of services.
Emery, Kate Meyers. "Surviving the Black Death." Bones Don't Lie. May 9, 2014. Accessed May 02, 2019. https://bonesdontlie.wordpress.com/2014/05/09/surviving-the-black-death/.
This source contributes to my thesis by describing how because of the shortage of workers caused by the Black Death, this resulted in higher wages for the people who survived the Black Death.
The Economic Impact of the Black Death
Routt, David. "The Economic Impact of the Black Death." We're Never Far from Where We Were. September 07, 2018. Accessed May 12, 2019. https://brewminate.com/the-economic-impact-of-the-black-death/.
This source contributes to my thesis by providing a graph with statistical information showing that as the population of England decreased from 1348 to 1445 from the Black Death, the per capita GDP greatly increased which was from around 110 to around 170 per capita GDP.
How These Sources Support My Thesis
All four of these sources support my thesis because they all are related to the economy changing as a result of the Black Death. The Ordinance of Laborers was passed because the wages were getting too high in England because of the shortage of workers in England, and Edward III was trying to stop that. The prices of services went up and wages went up because there was not enough people providing those services and able to work jobs that required certain skills because the Black Death killed indiscriminately which meant skilled workers could be killed. The overall wages of people were rising because the Black Death killed so many people that it reduced the competition for work. The per capita GDP has a relationship with the population of England in that if the population of England decreases, then the per capita GDP increases. The Black Death greatly reduced the population of England which in turn greatly increased the per capita GDP of England.