Pros and cons of minimum wage

Ronit Parmar

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Pros and cons of minimum wage

Lack of common necessities is called poverty . Food , cloths and shelter are the basic needs of a human being . These things determine the quality of life of a person . Nowadays poverty has become a very big social problem for many nations . Social problem means a matter which creates an effect on all or some people of the society , directly or indirectly . Mostly all the members of that nation or society are affected by these

matters . These matters are called social problems and poverty is one of them

There are many reasons behind the poverty in the society , but the wage disparity in the society is the main reason behind the poverty . At present wage disparity is there across gender , race and ethnicity Unequal distribution of wealth and wage between the persons who have same education qualifications , but differ in gender , caste , state colour or nation , is called wage disparity . Terms wage gap or income disparity are also used for wage disparity . Term wage gap shows women 's earnings relative to men 's and it is calculated in percentage . Because of the wage disparity richer are becoming more rich and poorer are becoming more poor . Economic gap is continuously increasing and this disparity in wages is supported by the rich people because they do not want growth of poor peoples

In early days newss published separate ads of jobs for men and women . In those days...