wage earners

Wage earners are individuals who earn a living by receiving a regular payment in exchange for their labor. The concept of wage earners has historical significance as it played a crucial role in the development of the modern economy. During the Industrial Revolution, the rise of factories and mass production led to a significant increase in the number of wage earners as people left their agricultural lifestyles to work in urban areas. This shift from a predominantly agrarian society to an industrial one transformed the way people lived and worked, leading to the formation of labor unions and the fight for workers' rights. The struggles and movements of wage earners have had a lasting impact on labor laws, working conditions, and the overall balance of power between employers and employees. Today, wage earners continue to be a vital part of the workforce and are essential to the functioning of the global economy.