What is the point at which supply and demand intersect? equilibrium point disequilibrium point excess supply point excess demand point

Ifound this on google “simply, the working conditions were terrible during the industrial revolution. as factories were being built, businesses were in need of workers. with a long line of people willing to work, employers could set wages as low as they wanted because people were willing to do work as long as they got paid.” i hope this you for what your looking for.