Asked by Abdulaziz Bin Dharman on May 21, 2024
Verified
The United States is the only country in the world with minimum-wage laws.
Minimum-Wage Laws
Regulations establishing the lowest amount that employers can legally pay their workers per hour of labor.
United States
A country in North America comprised of 50 states and a federal district, known for its substantial influence in global economic, political, and cultural matters.
- Evaluate the arguments for and against minimum wage laws and other price controls.
Verified Answer
GT
Grace Tiofanny SimanjuntakMay 22, 2024
Final Answer :
False
Explanation :
Many countries around the world have minimum-wage laws to ensure workers receive a basic level of compensation for their labor.
Learning Objectives
- Evaluate the arguments for and against minimum wage laws and other price controls.