Answer:
Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met.
Explanation:
Answer:
To provide for the material needs of individuals and families; To protect aged and disabled persons against the expenses of illnesses that may otherwise use up their savings
Explanation:
B ) a decrease in the supply of consumer goods
The answer is: c. The demand for unskilled labor will go down.
When the minimums wage go up, many small business would not be able to afford unskilled labor that they need to maintain their operation. These critics believe that this will directly resulted to an increase in unemployment rate in the country and lead to economic stagnation in the long run.
