Minimum wage and its affect on poverty
Not what you're looking for?
The minimum wage is used by governments as a poverty fighting measure. The use of such means of creating equity among the masses does not always result in the desired outcome. The use of the minimum wage is explored and alternatives provided.
Purchase this Solution
Solution Summary
The minimum wage is explored as a poverty-fighting measure.
Solution Preview
Whether the minimum wage is effective is debated on a political level between liberals and conservatives. The liberals protect the minimum wage while conservative believe the labor market will regulate itself. As a poverty fighting tool for the unskilled ...
Purchase this Solution
Free BrainMass Quizzes
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.