can lower the reserve requirements for banks, which allows them to lend more money
raising the banks' reserve requirements, Fed can decrease the size of the money supply
increase in the supply of money typically lowers interest rates which can stimulating spending
investopedia
Studies on the minimum wage show that laws requiring minimum wages Reduce the percentage of jobs available to low-skilled employees that are being eliminated.
<h3>What are low-skilled workers in Canada?</h3>
Activities in the trades, primary and industrializing nations, service support, as well as particular clerical and assistant tasks, are typically considered low-skilled or semi-skilled jobs. Low-skilled labor has been classified by Employment и Social Development Canada ("ESDC") for immigration purposes.
<h3>Who are called unskilled workers?</h3>
The phrase "unskilled labor," which was originally used to designate a group of workers with a limited range of skills or little financial value for the task done, is out of date. Low-wage labor is the correct term.
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The Enclosure Act meant that the land that was not previously owned by anyone, but which was often cultivated by the poorest, mostly for their own needs, was now distributed to the landowners
this means that
1) <span>Rural poor lost their land. (even if it never really belonged to them legally)
2)</span>Cheap labor flooded the urban areas. -those poor then left to the cities
Britain did not want the colonies to trade with competing nations