22 lines
678 B
Markdown
22 lines
678 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-07 -->
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# Statutes of Apprenticeship Effects
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## Definition
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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.
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## Source Chapter
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Book I, Chapter 7
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## Context
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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.
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## Economic Domain
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Regulation
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---
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