What is "Minimum Wage"? The History of a Floor | Minimum Wage Effects
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YouTubeOIKOS
What is "Minimum Wage"? The History of a Floor | Minimum Wage Effects
We debate the Minimum Wage Effects constantly, but what is it, fundamentally? This oikos short goes back to basics, providing the history and core concept behind the minimum wage. We explore its origins as a response to industrial-era exploitation and explain its function as an economic 'price floor'. This isn't just a political issue; it's an ...
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