Would Increasing the Minimum Wage Reduce Poverty?

This Would Increasing the Minimum Wage Reduce Poverty? handout & reference also includes:

Here is a fantastic and relevant question to discuss with your class members. Using detailed reading material and a related learning exercise, 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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CCSS: Designed
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