Rather than the misconception upon the theoretical downfall of businesses and labor due to the rise in costs. The benefits we have observed is that there is less poverty in a sense due to the decrease in difference between those who earn more and are at minimum wage. The other historic statistical data discussed earlier proves to us that there has been increased minimum wages, but have not hurt society as expected. As for small businesses they isn't much of an affect upon them when wages have been increased, the only thing being it is more difficult for more employees to enter. Overall we can observe that an increase can infact have a positive yield to
Rather than the misconception upon the theoretical downfall of businesses and labor due to the rise in costs. The benefits we have observed is that there is less poverty in a sense due to the decrease in difference between those who earn more and are at minimum wage. The other historic statistical data discussed earlier proves to us that there has been increased minimum wages, but have not hurt society as expected. As for small businesses they isn't much of an affect upon them when wages have been increased, the only thing being it is more difficult for more employees to enter. Overall we can observe that an increase can infact have a positive yield to