How did the decline of Tallymen impact the economy?
Frequently Asked Question about the extinct profession: Tallyman
The decline of Tallymen, who traditionally provided credit and goods to consumers, significantly impacted the economy by reducing access to credit for lower-income households. This led to decreased consumer spending and a contraction in local businesses reliant on Tallymen's services. Additionally, the shift towards formal banking systems created barriers for those without credit histories, exacerbating economic inequality.