Explain the reason for government to introduce a minimum wage.
(2)
Refer to the media and quote the views/comments by employers regarding the minimum wage.
(4)
Answer (2)
Governments introduce a minimum wage to reduce poverty and stimulate the economy by ensuring workers receive a basic living wage. Employers, however, have mixed feelings about the implications, with concerns about increased costs and hiring practices. Despite this, some employers see benefits in terms of workforce stability and productivity. ;
Governments implement a minimum wage to reduce poverty and stimulate the economy by providing workers with a basic living wage. Employers have mixed feelings, with some fearing increased costs and potential job cuts, while others see benefits like improved productivity. Views on this issue vary widely among different employers, reflecting the complex impact of minimum wage laws on businesses.
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