Part one of term paper
It sounds like very good news for the low-income workers and their families whenever the government increases the minimum wages. On the surface minimum wage laws seem like the best prescription to treat poverty and improve living standards of the working poor. Promoters of minimum wage laws are taking positions that such laws alleviate pove ...

Part two of term paper
... Congress adopted the Fair Labor Standards Act in 1938. Congress created the minimum wage toward the end of the Depression era to ensure a "minimum standard of living necessary for health, efficiency and general well-being for workers." (Fair Labor Standard Act, 1938) In 1993 some 4.8 million people worked for minimum wage or less. (Mishel, Bernstein & Rasell Table 7) According to the Department of Labor, nearly 6.45 percent of the labor force is earning minimum wages. (Tannenbaum and Gupta B1) By ...