How did the high demand for tobacco led to labor shortage?

Spain introduced tobacco to the Europeans, and it became a heavily traded commodity. A popular habit of smoking was forming . Following the industrial revolution, cigarettes became hugely popular worldwide. In the mid 20th century, medical research demonstrated severe negative health effects of tobacco smoking, which led to a sharp decline in tobacco use thus no more people buying tobacco meaning the tobacco farmers were out of work.

Explanation:

explanation:

an oligopoly is a term used to clarify the structure of a particular market, industry, or organization. a market is considered oligopolistic or amazingly focused when it is shared between a few companies.