Of course, they didn't have sociology and stuff like that
back then to study this, so we don't know for sure.
I
believe that a short term impact of child labor was that the industries that used child
labor were able to grow quickly. Part of this was due to the low price of child
labor. Another short term impact was, of course, on the children. They were forced to
work in hard and dangerous conditions, which must have been quite
unpleasant.
In the long term, I think that child labor's
impact was not so bad. As the industries became more profitable, people's standards of
living grew. The companies innovated and were able to start doing without child labor
as they got richer. I think that is one reason why children in the rich world today
work less than those at any previous time and place in history.
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