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Minimum wage and its affect on poverty

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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.

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Solution Summary

The minimum wage is explored as a poverty-fighting measure.

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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 ...

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