Raising Minimum Wage Research Paper

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The topic of raising the minimum wage involves both advantages and disadvantages.

Some pros of raising the minimum wage are.

Increasing the standard of living. Raising the wage could allow minimum wage workers to afford necessities such as food, housing, and healthcare. The cost of living has increased and continues to do so, so raising the minimum wage would help these workers (Maverick, 2024). Decreasing poverty. Raising the wage could allow a great number of families to move out of poverty because it would help them meet their basic needs (Maverick, 2024). Stimulating and improving economic growth. Raising the wage could allow more consumer spending because they would have the funds to purchase more of their wants and needs and may not
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