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Somebody, what are piece rates? Anybody who knows what a piece rate is?
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What is share cropping? Somebody must be from a farming state.
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Somebody out here, the guy in orange.
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Share cropping is where the landowner takes a portion of
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the farmer's crop at the end of the farming season.
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All right, so share cropping is a contract whereby
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part of the output of the farm goes to the landowner
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and part is kept by the farmer.
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Going back to the Middle Ages,
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part of the output would stay with the peasant
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and part of it would go to the lord of the manor.
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Piece rates are a similar idea.