How to write an essay on minimum wage

How to write an essay on minimum wage

The minimum wage policy is a controversial issue. That’s why, before being adopted, the government and the scientific community debated on the issue of the adequacy of the minimum wage.

Today, a wide complex set of concerns about the issue of the adequacy of the minimum wage are illuminated by theories of dynamic economics and based on skillful use of the statistical data. In the price economy, the hourly wages decline in relation to the total income of the middle class. On the other hand, some professionals, especially high-level ones, do not want to retire even in the time established by law. In general, the share of the middle class in the population decreases. This does not apply to the rich. As a rule, the share of the middle class in the population is lower.

There are lots of reasons, which make it difficult for the young families to cover their everyday costs. Often they simply don’t figure out the costs due to their small size. The cost of an essay on minimum wage for families of modest size is ten times higher than the cost of other types of academic papers. Still, there are exceptions to this rule.

The rise in the minimum wage allows to take more payments at work, which, however, have negative impact on families. As a rule, in businesses with predominantly low-wage employees, the minimum wage amounts to the same amount of money as freelance laborers.

The situation is complicated by the fact that the salaries of middle class employees vary depending on the characteristics of the jobs they do. The amount of compensation varies between the salaries of managers and employees. And the distance between the salaries of top and middle class workers is rather considerable. Very often, the workers receive a salary of 1-2 times higher than the salaries of their colleagues.

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Because of the abundance of specialists, the wage of some of them is now above the $ 7 amount per hour. In fact, it’s quite possible to earn less than $7.25 per hour. There are different types of workers, and the discrepancies between their wages and the prices of services depend on the characteristics of the work. So, it’s worth writing about the differences between types of labor in order for your essays on income inequality to be clear and accurate.

The following differences between types of labor:

  • professional, or highly qualified specialists;
  • highly qualified specialists of the non-production profile (service) level;
  • highly qualified specialists of the production profile (service) level;
  • persons exercising civil authority (except those who are members of the elite and the upper strata) and part of the officials – the performers.
  • There are quite some variations in the structure of the labor supply:

  • secondary (domestic) workers receive a small amount of income, and this is considered to be the income of the recipient.
  • medium – the middle class invests funds in real estate and liquid assets.
  • The degree of social stratification of the society in the results of the exercise of political institutions on the basis of the structure of the income of the population is different from the position of the individual in the class structure of wages. While the one is subject to certain restrictions, the social stratification is fully developed. In it, the capitalist class is much more responsive to the needs of the citizen than to the ideas and aspirations of the mass media, even though these ideas are necessarily related to the same wealth.

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    The following criteria are of the great importance: equality of opportunities in the labor market, the level of qualifying and professional labor skills, and the degree of family responsibility. However, the real control of the labor market and the implementation of the social transformation of the United States takes place only in the process of the elimination of the economic inequality.

    The process of social cleansing of the United States, which began from a clean sheet of paper and continued until the emergence of a clean sheet of paper mentality, consists of the following steps:

  • The introduction (general) that creates the mood of the masses. The introduction of a new round of activity replaces the old one. The function of the culture of the masses is to increase the level of material comfort which may be mentioned in the improvement of economic conditions essay.