Pros and cons of raising the minimum wage to $15.00 an hour

Pros and cons of raising the minimum wage to $15.00 an hour

500 word double spaced paper on the Pros and cons of raising the minimum wage to $15.00 an hour

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Increasing the Minimum Wage

 One of the most notable aspects of the Gilded Age in United States history was the rampant exploitation of the working class by their employers, in which case they received dismal wages for their labor input in the various firms. With the increase in government intervention in the economy in the twentieth century, the government introduced measures such as minimum wage in an effort to guarantee that it protects the employees from extreme exploitation. The contemporary society has seen consistent increases in the minimum wage, in most cases in response to the changes in the economic conditions in the country.

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