# Statutes of Apprenticeship Effects ## Definition Laws that, when a manufacture is prosperous, enable workers to raise wages above natural rates, but when the trade decays, may force wages below natural rates by excluding workers from alternative employments. ## Source Chapter Book I, Chapter 7 ## Context Described as having a more durable effect in raising wages above natural rates than in reducing them below, with the latter effect lasting only as long as the lives of workers trained during prosperity. ## Economic Domain Regulation ---