answersLogoWhite

0


Best Answer

Positive:

1. Keeps more teenage workers fairly paid

2. Does not cause a decrease in unemployment

Negative:

1. Encourages employment of more illegal aliens

2. Decreases competitive wages for workers in general

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are two positives and two negatives of raising the minimum wage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does raising the minimum wage help the economy?

Many people do not think raising the minimum wage is going to help the economy.


What has the author William A Glover written?

William A. Glover has written: 'Assessing the impact of raising Wyoming's minimum wage' -- subject(s): Minimum wage


Which of the following does NOT add to the cost of consumer goods and services?

raising minimum wage


Does Raising the minimum wage is likely to cause a shortage of people willing to work?

Yes, Now a days Inflation rate is increases very fastly but the wage rate is increases as much they should increase. The cost of every thing is rises. So the raising the minimum wage is likely to cause a shortage of people willing to work.


Would raising the minimum wage lower crime?

Econ 101. (simplified version) Raising the minimum wage rate would more likely than not, increase the crime rate. By increasing the minimum wage, employers will be able to hire fewer workers. At the macro level, fewer workers hired will net an increase in unemployment rates. As unemployment rates increase, so too do crime rates.


What is a good attention getter for a persuasive speech about raising minimum wage?

Throw pennies at the audience! Be careful not to injure anyone!


What is the minimum wage in Kansas?

The minimum wage is $7.25, the same as federal minimum wage.


Did they have a minimum wage in the 1800s?

there was no minimum wage then:)


How much will minimum wage be in 2020?

In the United States, President Obama recently raised the minimum wage for federal employees and federal contract workers to $9 per hour. This does not affect private employers, for whom the federal minimum wage remains $7.25. Many states have higher minimum wage laws. In the 2014 State of the Union address, Obama proposed raising the national minimum wage to $10.10, however this is not currrently enacted.


What is the minimum wage in Italy?

italy does not have a minimum wage


Minimum wage in the 1920s?

what was the minimum wage in the 1920


What is the minimum wage in Delaware?

The minimum wage in the state of Delaware is $7.25 an hour.