Minimum wage prevents companies from paying employees less than what they are worth, safety laws keeps these workers safe
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They speed up the flow of capital and wages
by the laws of supply and demand
The Minimum Wages law ensures that workers are not exploited and are not over worked by companies that hire them. Law keeping checks on the good ensures that sub-standard goods not enter markets.
Wages in the south were lower than wages in the north apex
In a free-market an increase in the supply of labor will reduce wages and increase unemployment. It will also lower the price of produced goods as wages decrease. This effect is complicated by minimum wage laws. If wages cannot decrease due to legislation the effect will simply be an increase in unemployment and prices in the short run will remain static. If the population increase is significant it is possible for the price of goods to increase due to the increased demand for consumer goods.
Minimum wage prevents companies from paying employees less than what they are worth, safety laws keeps these workers safeRead more http://www.kgbanswers.com/how-do-minimum-wage-and-safety-laws-affect-wages/21422709#ixzz2l4j2RJaK
gcses and how long you've been working there
Many laws of any country impact that country's economics. Tariff laws on imports and exports affect the price of goods in the country. Laws pertaining to minimum wages affect the living standards of many of its citizens. These laws also impact the cost of goods in a country. Laws that affect the nations national bank or other institutions can play a role of interest rates in that country.
The laws supply and demand dictate different salaries.
The rules and safety laws that affect the use of IT is that people with bad sight need to use a magnifier while using the computer.
Labor
The Occupational Health and Safety Administration enforces work health and safety laws.
Occupational safety and health division
They speed up the flow of capital and wages
They speed up the flow of capital and wages
Louisiana, Mississippi, Alabama, South Carolina, and Tennessee do not have minimum wage laws. This does not mean they do not have minimum wages because there is a federal minimum wage that these states must still enforce. States can only choose to have higher minimum wages than the federal law or have no specific law at all and enforce the federal law.
Civil Rights Law, Income tax law and minimum wages law are examples of the laws enacted under constitution. Congress holds the right to enact these laws.