Essays on Economic Issues

77

Rising Inflation Problem: Oil Crisis in USA 1970s

5 pages / 2094 words

During the long 1970s, there was a lack of confidence in the general public in the government in the United States. Many events led to this situation, including the government lying about the Vietnam war, racial problems like busing and watergate, etc changed the perception...

Oil Crisis Richard Nixon

78

Socio-economic Equality in Adam Smith's Work

2 pages / 784 words

The times during which Adam Smith lived and published his remarkable works, The Theory of Moral Sentiments (TMS) and The Wealth of Nations (WN), were very divided on philosophical, political and economic grounds. Interestingly, the sixth and last edition of TMS was published in 1790,...

Adam Smith Economic Inequality

79

Growing Up in Poverty Determines The Person's Fate

3 pages / 1292 words

How could you expect everyone to achieve the same goal without everyone having the same necessities needed to accomplish it? It would be the equivalent of expecting a fish to climb a tree the same way a squirrel is able to. Many people set high,...

Child Poverty Income Inequality Poverty in America

80

The Reasons Why We Should not Raise The Minimum Wage

2 pages / 890 words

On July 18, 2019, the house of Representatives finally passed a bill to raise the minimum wage for Americans. The bill calls for a gradual increase in the minimum wage in the United States to $15 by 2025, and will phase out the minimum tip...

Employment Minimum Wage

81

The Implement of Minimum Wage Policy Can Change The Economy

2 pages / 688 words

Malaysian employees support government for minimum wage policy. The implement start first time in 2014, second time July-2016 and third time starting from January-2019. The implementation of minimum wage seems to impact in different view for employees and employer. This minimum wage expected to have...

Minimum Wage

82

Minimum Wage Policy in Malaysia

1 page / 574 words

Introduction The Malaysian Government has implemented a minimum wage order of RM1100, applicable to both Peninsular Malaysia and Sabah & Sarawak. The main objective behind this policy, proposed by Bank Negara Malaysia, is to reduce income inequality among the population. Employees from lower-income groups mostly...

Malaysia Minimum Wage

83

Minimum Wage Increase The Level of Homelessness

1 page / 573 words

Understanding Homelessness: A Complex Social Issue Homelessness is a multifaceted social issue with a myriad of contributory factors. Individuals can become homeless due to economic hardships, unforeseen personal issues, or a combination of both. The cycle of homelessness can be triggered by a variety of...

Homelessness Minimum Wage

84

Three Main Laws Related to Employee’s Rights

2 pages / 797 words

The three laws that are related to employee’s rights that I found are Minimum Wage, Health Coverage, and Social Security Benefits. Minimum Wage started in 1938 by the US labor law and local law. Minimum wage starts at 7.25 per hour usually people make that...

Minimum Wage Social Security

85

The Increasing Minimum Wage in Canada and America

4 pages / 1876 words

In Ontario, the government increased the minimum wage from $11.6 to $14 per hour which led to some controversial discussions among people. Meanwhile, some similar policies are published by many provinces and states in Canada and America as well. According to the analysis of the...

Economic System Minimum Wage

86

The Effectiveness of Raising Minimum Wage Policy

4 pages / 2046 words

Introduction: Minimum wage has been a rising issue in the past decades, since many individuals in our nation started to question its effectiveness as a strategy to reduce poverty. To determine the validity of the usage of the minimum wage policy, there is a need...

Economic Problem Minimum Wage

87

The Call to Increase Minimum Wage

5 pages / 2231 words

From various countries in the world even down to the United States, The discussion of minimum wage has been a big subject of debate. Low-wage workers find it necessary to raise minimum wage to ensure livable income. The best way to improve the economy of the...

Economic Problem Income Inequality Minimum Wage

88

Reasons Why Minimum Wage Should Be Raised

2 pages / 880 words

The current minimum wage is $7.25, which equals two gallons of milk, one fast food meal or two gallons of gas. Can you imagine yourself working 12-hours a day and only having enough money to pay for rent and put food on the table for...

Income Inequality Minimum Wage

89

Reasons Why Elevation of The Minimum Wage Could Harm The Economy

5 pages / 996 words

In recent years, the debate surrounding the increase of the minimum wage has intensified, particularly among politicians and economists. Proponents, primarily from the Democratic Party, argue that raising the minimum wage is essential to lifting individuals out of poverty. Conversely, Republicans generally oppose such measures,...

Economic Development Economic System Minimum Wage

90

Raise of Minimum Wage and Its Effects on Prices

3 pages / 1482 words

Abstract For every action there is a reaction , it is settled in the worldwide writing that lowest pay permitted by law builds pack the compensation conveyance. Firms react to these higher work costs by decreasing business, diminishing benefits, or raising costs. While there are...

Economic Problem Minimum Wage

91

Overview of The Issue of Poverty in Uganda

3 pages / 1259 words

Over the past decades, Uganda has experienced war, economic downfall and political instability, resulting in them being one of the poorest developing countries in Africa today. To help combat this, many NGOs have contributed by improving the lives of many people by providing basic human...

Economic Inequality Economic Problem Income Inequality

92

Discussion of Poverty and Economic Security

2 pages / 1012 words

Poverty is the lack of the basic needs of life, including food, shelter, clothing, and safe drinking water. Poverty is a concerning issue that many individuals are unaware of. It is widespread and more common than we think. It affects many people throughout the world...

Economic Inequality Income Inequality

93

Payment Discrimination in Workplace in Canada

3 pages / 1179 words

Men play the role in a family as the main income source and as an aspiration of making money to have a ‘prosperous’ family. In contrast, the women stay at home and do the housework which they never get paid for, such as caring children...

Economic Inequality Income Inequality

94

Gender Wage Gap Issue: Equal Pay for Equal Work

2 pages / 1031 words

 Sheryl Sandberg once said, “We cannot change what we are not aware of, and once we are aware, we cannot help but change” (Sandberg). Equal employment opportunity is a government policy that states that employers do not discriminate against employees and job applicants. Certain characteristics...

Equality Gender Wage Gap Income Inequality

95

The Legal Dilemma Behind Equal Pay for Equal Work in India

7 pages / 3010 words

Abstract Principle of equal pay for equal work is applicable among equals. It can’t be applied to unequal. The dilemma is that equal pay for equal work cannot be always calculated in the form of a mathematical formula. Although, this right is enshrined under Article...

Equality Gender Wage Gap Income Inequality