The Positive Role Of Poverty In The United States

Decent Essays
Poverty serves no positive function for society, indeed, it impairs the well-being of all. Poverty is the result of the inability to produce goods and services desirable by others in an amount of time acceptable to others. The determinants in the United States are wage restriction laws such as the minimum wage or in some states the requirement that if there is a union all must be in the union, and education. Education is the primary determinant but it certainly isn't a sole determinant. In the United States, each year of education past the sixth grade results in an 8-12% geometric increase in pay per year.
It even functions to keep the rich less rich. If a rich person could hire a highly productive person at a very high wage or a low wage

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