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murzikaleks [220]
3 years ago
10

Using your responses to the questions above as a guide, compose two well-written paragraphs that answer this question: Is a mini

mum wage a benefit for society? Justify your response.
Social Studies
2 answers:
poizon [28]3 years ago
8 0

Answer:

Minimum wage is a benefit for society.

Explanation:

Some people argue that establishing a minimum wage is an additional cost to employers because it leads to a fall in quantity demanded for labor and employers have to lay off some workers because they cannot afford to pay higher wages. As wages increase, the quantity of labor demanded couplesd with the increase in the quantity of labor supplied results in unemployment

However, I believe that establishing a minimum wage is beneficial for society. Before the government introduced a price floor, there was an equilibrium wage rate in the economy as the quantity demanded for labor was equal to quantity supplied. But the equilibrium wage rate was not high enough to satisfy the daily needs of workers. As a result, most workers earning that wage would live in poverty. With an increase in the minimum wage, workers have extra money to spend on various goods and services, which aids economic growth. Establishing a minimum wage is a benefit to society.

PLATO WORD FOR WORD

bagirrra123 [75]3 years ago
4 0

Answer:

Minimum wage is a benefit for society.

Explanation:

Minimum wage is a labor policy imposed mostly during the <em>20th century</em> as a type of securing welfare and minimising exploitation. It increases the standard of living of workers, reduces inequality and poverty and boosts morale. It gives the bargaining power to the workers and increases the efficiency of the market. Many economists argue that the minimum wage has a positive impact on small businesses.

Minimum wage also increases aggregate demand by raising the purchasing power and increasing consumption and spending which then moves the economy forward.

However, some social democracies like Sweden, did not impose the minimum wage policy on the national level, but instead, salaries and benefits are negotiated between the labor union and employer organizations. The purpose of minimum wage is still a subject of debates and research, and there is a wide ranging opinion regarding its justifiability.

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If we look at the term stereotype in animal behavior, it refers to many meanings, prompting uncertainty in the logical literature. A stereotype is a term for a gathering of phenotypic practices that are dull, morphologically indistinguishable and which have no undeniable objective or capacity.
4 0
3 years ago
The teachings of indigenous religions are typically conveyed by all of the following except :________
Verdich [7]

The teachings of indigenous religions are typically conveyed by all of the following except <u>Sacred scripture.</u>

Anything that is indigenous to a certain geographic area is referred to as indigenous. This encompasses persons, groups of people, nations, and varieties of plants and animals.

For instance, in contrast to the European settlers who came to the land much later, the Aborigines of Australia are a native population. Likewise, the indigenous people of North America are the American Indians.

Native is a term that is frequently used as a synonym for indigenous, however using it in reference to peoples and their customs could be objectionable.

It might be regarded as a stereotype because it implies that they are simple-minded or outdated.

Hence, option B is correct.

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5 0
2 years ago
The Land Ordinance of 1785 first divided land into states. territories. colonies. townships.
Yuri [45]

Answer:

it is D

Explanation:

8 0
3 years ago
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3 years ago
The people who perform jobs and tasks are part of which factor of
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