Why The Minimum Wage Should be Abolished (Research Paper Sample)
We would like you to write a short essay on the topic: Performance-Based Pay: The Minimum Wage Should be Abolished. (Include at least one academic source, use Chicago formatting, word count 500 words +-10%).
Please, make sure it corresponds to the following requirements:
- At least 500 words long
- 12pt font, Times New Roman or Arial
- Double-spaced
- 1-inch margins on all sides
Your sample paper will be evaluated based on structure, vocabulary, grammar, spelling, and flow of ideas.
Please, make sure all the sources are properly cited. We do not tolerate plagiarism in any form.
Performance-Based Pay: The Minimum Wage Should be Abolished
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The minimum wage is a federal or state government set labor price floor, showing the lowest wages employers can pay their employees. It was first introduced in the US in 1938 to caution employees from the post-depression economy, stabilize their standard of living, and protect their overall health and wellbeing. Since then, it has fluctuated through the years: highest in 1968 at $1.60 per hour ($11.91 after inflation adjustment) and lowest in 1938 at $0.25 per hour ($4.6 per hour after adjustment).
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