Minimum Wage and Living Wage
Assessing the economic effects of minimum wage legislation and the concept of a national living wage on employment, poverty, and business costs.
Key Questions
- Analyze the potential trade-offs between a higher minimum wage and employment levels.
- Explain how a national living wage aims to address in-work poverty.
- Predict the impact of a significant increase in the minimum wage on different sectors of the economy.
National Curriculum Attainment Targets
Suggested Methodologies
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