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This Would Increasing the Minimum Wage Reduce Poverty? handout also includes:
- Answer Key
- Vocabulary
- Worksheet
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Here is a fantastic and relevant question to discuss with your class members. Using detailed reading material and a related worksheet, your learners will learn about labor markets, equilibrium wages, price floors, and who exactly would benefit from higher earnings from increased minimum wages.
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Classroom Considerations
- It may be best to approach the reading as a whole group in order to answer questions and clarify information
- Learners should be familiar with supply and demand graphs before beginning to read
Pros
- Incorporates several pieces of data and graphs to support instruction
Cons
- None