The most significant contributing factor to the abolition of child labor was the accumulation of wealth. The reason children were sent to work in the first place was because the family desperately needed the money. It was not that the parents wanted to send the children to work, but if they did not, the family would starve. All this was changed once families accumulated wealth by honest work in the free market. With enough money, families could keep their children home, and not send them to work. But what about the laws passed abolishing child labor? By the time the laws were passed, child labor was almost extinct. As we can see, it was the free market and honest labor which helped bring an end to child labor.