Edited version:
Wage labor has benefits and costs for both the owner and the workers. Under a wage labor system, the owner provides a place of employment, and usually other necessities such as tools, raw product, and uniforms. Businessmen usually sell food, housing, and other necessities to the worker on credit and cash. In exchange for the place of employment and supplies, the worker gives the owner the total profit and is paid a set amount for their time. The worker uses his share to pay buy necessities. If there was any cash left over, the worker would use it to work to pay of debts.
Original:
Sharecropping has benefits and costs for both the owners and the tenant. Under a sharecropping system, the landowner provided a share of land to be worked by the sharecropper, and usually provided other necessities such as housing, tools, seed, or working animals.[1] Local merchants usually provided food and other supplies to the sharecropper on credit. In exchange for the land and supplies, the cropper would pay the owner a share of the crop at the end of the season, typically one-half to two-thirds. The cropper used his share to pay off his debt to the merchant.[2] If there was any cash left over, the cropper kept it—but if his share came to less than what he owed, he remained in debt.