What is the difference between writing a research paper on blood donation and just a simple essay on that topic? When you realize this, the next thing that you want to check is the relevance of the source of information. The thing is that, only by the phrase about the minimum wage you might not find the relevant information for something like “why minimum wage should not be raised” essay. Because, only by the phrase about the minimum wage you might not find the relevant information for something like “the minimum wage should not be raised because…” essay. The essay you might come across on the internet or the academic article may discuss the topic of the minimum wage incorrectly. Even though, if you are writing the high-quality essay you won’t find the relevant sources for this topic. The reason for that is the fact that the history of this problem of the minimum wage is not yet fully researched. As a result, all the sources are only relevant to the narrow circle of people that will be watching your essay. This is the reason why, even in cases when you are writing the very personal essay on minimum wage, all the sources should be used only for showing the argument line and neither the actual topic sentences need to be used for making the essay sound better. After done with the history, only the most important facts and statistics are left. Now, what can we write in the actual essay on minimum wage?
On the topic of the minimum wage history, you can write about the history of the minimum wages laws. They were originally created in the early twentieth century in some states. The amount of money that people received for this help mostly came from the lower class. As the results of the economic crisis, the salaries of the lowest class have grown significantly. And even though the wages of the middle class have grown from $ 1.5 to $ 11.5 times over the past 40 years, the real wages have only grown by about 20% in the last decade. The situation with the wages of the whole population is critical, and the steps to improving the situation of the middle class are already being taken place.
The situation with the mining industry is very interesting. Because of the developments in the market, the prices have grown significantly. The pay for the miners is currently on the market for $ 11.5 billion, and the latest estimates suggest that in the future, the wages of miners will grow even more.
There is actually another side of the coin. And it is the fact that not all of the people on such lines have a chance to become wealthy. A typical middle class family would have been able to earn about $25-30 a day. The actual yield of labour in the field of education is about $10-15 million a year. Adding to the above, we can assume that the wages of the middle class are substantially higher than the earnings of other elements of the population.
Nevertheless, it is worth noticing that the middle class is not a “classical” middle stratum. It might be called the “working poor” or “deserving the middle class treatment”. Because, in the reality, the wealth is often determined by a combination of many factors, and the middle class is one of the most important factors of this list. Simply put, the middle class is the most important part of the economic process in the process of which all other aspects of the economy are aimed.
Because, in the future, when moving to the economic stratification of Americans, the middle class will remain at a relatively high level in the incomes of most states. But its status will be progressively reduced, for example, the wages will be mostly independent of the middle class.
The process of property differentiation is similar to the stratification of Americans. Although the former manufacturing and agricultural sectors of the economy have consolidated their positions in the recent decades, it is still not clear in which direction of growth the other parts of the population should follow.
In the course of the study, it is important to note that there are changes in the nature of the middle class in the society and this, in turn, influences the tendencies of these changes. In the future, it may be possible to reduce the activities of the middle class, although the number of people employed in industry is still higher than the number agricultural workers.
There are changes in the nature of entrepreneurial activity, organization of production and distribution of income among urban and rural groups, the separation of the middle class and the agricultural one, the weakening of the economic ties between the middle class and the laborers.
In the process of economic stratification, the middle class is gradually removed. The concentration of the middle class in the upper economic class (the upper stratum) reduces, while the other strata— the workers (lower strata) in the process of economic growth.
There are changes in the quality of education, higher education, professional life, moral issues, and other public manifestations, the value of individual consumption, etc.