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Why was minimum wage introduced?

The movement for minimum wages was first motivated as a way to stop the exploitation of workers in sweatshops, by employers who were thought to have unfair bargaining power over them. Over time, minimum wages came to be seen as a way to help lower-income families.

What is the best argument for raising the minimum wage?

Raising the federal minimum wage will also stimulate consumer spending, help businesses bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.

What is a good thesis statement for minimum wage?

Sample thesis statements: Raising the minimum wage will help stimulate the economy because low-wage workers will be able to spend more. Increasing the minimum wage encourages workers to be dedicated to their jobs because they will be happier and more satisfied with their positions.

What is the intended goal of minimum wage?

The purpose of the minimum wage was to stabilize the post-depression economy and protect the workers in the labor force. The minimum wage was designed to create a minimum standard of living to protect the health and well-being of employees.

Who introduced minimum wage?

Overview. The national minimum wage was created by Congress under the Fair Labor Standards Act (FLSA) in 1938. Congress enacted this legislation under its authority in Article I, Section 8 of the U.S. Constitution: The Congress shall have power to . . . regulate commerce . . .

What is one of the arguments for having a minimum wage?

Every time an amendment comes before the U.S. Congress to raise the minimum wage, advocates and critics pull out some convincing arguments to win over public opinion. The most common argument in support of the minimum wage is that it protects the workers at the lowest rung of the socio-economic ladder.

How do you explain wages?

Wages are a form of monetary compensation for employees. They are paid ing to the amount of time worked by the employee.

What is the main problem with minimum wage?

Forcing families to depend on public assistance programs due to low wages costs state and federal governmentsand by extension taxpayersbillions of dollars. Researchers estimate that a minimum wage below $15 per hour costs U.S. taxpayers over $107.4 billion per year.

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