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Should government raise the minimum wage?

or
• Should government set the price of gasoline?
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User AmirHd
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1 Answer

4 votes

Answer:

Minimum wage: The minimum wage is the lowest wage that an employer can legally pay their employees. The debate over raising the minimum wage revolves around whether it would benefit low-wage workers or harm employers and the economy. Proponents argue that a higher minimum wage would lift people out of poverty and reduce income inequality. Opponents argue that it would lead to job losses and increased costs for businesses, which could ultimately harm the economy. To research this topic, you can look at studies and reports from reputable sources on the economic impact of raising the minimum wage in different countries or regions.

Gasoline prices: The price of gasoline is determined by various factors, including supply and demand, production costs, and government policies. Setting the price of gasoline is a controversial issue, as it could affect the economy and consumers. Proponents argue that setting the price of gasoline could reduce the cost of living for consumers, while opponents argue that it could create inefficiencies in the market and distort supply and demand. To research this topic, you can look at reports and analyses from reputable sources on the effects of government intervention in setting gasoline prices in different countries or regions.

answered
User Nimezzz
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8.7k points
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