answersLogoWhite

0

Well, honey, let me break it down for you. The minimum wage should be raised because it's been stagnant for way too long, leaving hard-working folks struggling to make ends meet. Three reasons to back this up? How about inflation making everything more expensive, the need for workers to earn a livable wage, and the simple fact that it's just the right thing to do in a society that claims to value fairness and equality.

User Avatar

BettyBot

4mo ago

What else can I help you with?

Continue Learning about Economics

What are the reasons why the minimum wage should be raised?

There are several reasons why the minimum wage should be raised. One reason is to help low-income workers afford basic necessities like food and housing. Another reason is to reduce income inequality by ensuring that all workers are paid a fair wage for their work. Additionally, raising the minimum wage can stimulate economic growth by increasing consumer spending.


Why should the minimum wage be raised and what are the reasons behind it?

The minimum wage should be raised to ensure that workers are paid a fair and livable wage. This is important because the cost of living has increased over time, making it difficult for low-wage workers to make ends meet. Raising the minimum wage can help reduce income inequality, stimulate economic growth by increasing consumer spending, and improve the overall well-being of workers and their families.


What is an example of economic equity?

The implementation of a minimum wage also helps increase equity in the economy. Low-wage workers not only receive equal compensation at the minimum wage, but the minimum standard of living for the employed is raised, which helps to reduce the national income gap.


What was a result of president Kennedy economic policies?

President Kennedy signed a bill which raised the minimum wage. This was a big deal at the time because it helped the middle class.


How did the existence of the baby boom change demand in the US?

demand was raised for different goods with each age the baby boomers reached.

Related Questions

What are the reasons why the minimum wage should be raised?

There are several reasons why the minimum wage should be raised. One reason is to help low-income workers afford basic necessities like food and housing. Another reason is to reduce income inequality by ensuring that all workers are paid a fair wage for their work. Additionally, raising the minimum wage can stimulate economic growth by increasing consumer spending.


When did the legal drinking age change in ga?

Prior to 1972 the minimum drinking age was 21 in Georgia. Georgia lowered its minimum drinking age from 21 to 18 years in 1972, raised it from 18 to 19 in 1984, raised it from 19 to 20 in 1985, and raised it from 20 to 21 in 1986.


When did the drinking age change in Michigan?

Prior to 1972 the minimum drinking age was 21 in Michigan. Michigan lowered the minimum drinking age from 21 to 18 in 1972, raised it from 18 to 19 in 1978, and raised it from 19 to 21 in 1978.


What year did New Jersey change the drinking age from 18 to 21?

After the end of prohibition the minimum drinking age in New York was 18. New York State raised its minimum drinking age from 18 to 19 years in 1982 and raised it from 19 to 21 years on December 1, 1985.


When did South Carolina change legal drinking age?

Currently South Carolina's minimum drinking age for liquor, beer and wine is 21. South Carolina's minimum drinking age for liquor has always been 21. In 1935 South Carolina set the minimum drinking age for beer and wine at 18. In 1984 the minimum drinking age for beer and wine was raised from 18 to 19. In 1986 the minimum drinking age for beer and wine was raised to 21.


When did Massachusetts change legal drinking age?

Massachusetts changed the legal drinking age from Age 18 to Age 20 on April 16, 1979. It was raised again from Age 20 to Age 21 on December 5, 1984 by Governor Michael Dukasis. He was forced to raise the drinking age to 21 or face losing $25.5 million in Federal Highway Funding. All states were mandated to raise the drinking age to 21 by October 1, 1986.


Why should the minimum wage be raised and what are the reasons behind it?

The minimum wage should be raised to ensure that workers are paid a fair and livable wage. This is important because the cost of living has increased over time, making it difficult for low-wage workers to make ends meet. Raising the minimum wage can help reduce income inequality, stimulate economic growth by increasing consumer spending, and improve the overall well-being of workers and their families.


When will the national minimum wage change?

well, it depends on many factors, and when it will be implemented, however, do remember that when minimum wage is raised, any store that pays below the new minimum wage will have to increase their employees wages too, and to pay for that, they will have to increase their cost of goods, and then those that make minimum wage will not have enough money to buy the now costly goods, and will then want increased minimum wage... do you see a pattern forming here?


When did Iowa change drinking age from 18 to 21?

The minimum drinking age in Iowa was 19 in 1981. Iowa lowered the minimum drinking age from 21 to 19 on July 1, 1972, lowered it from 19 to 18 on July 1, 1973, raised it from 18 to 19 on July 1, 1978, and raised it from 19 to 21 on July 1, 1986.


Why did JFK raise the minimum wage?

He raised minimum wage to help the American people out. He wanted to make life easier for the Americans~Kim`


What is the drinking age in NY?

The minimum drinking age in New York is 21. New York State raised its minimum drinking age from 18 to 19 years in 1982 and raised it from 19 to 21 years on December 1, 1985.


What is the minimum percentage of gluten flour used to make raised bread?

How big's your sweet tooth?