Does An Increase In Minimum Wage Reduce The Incidence Of Low Income Households (poverty) ?

Determination of the Effects of Different Socio-Economic Factors on Poverty RateName of StudentStudent ID NumberSubject /ClassProfessor /InstructorDay schedule month YearAbstractPoverty has been a problem in the world since while patriarchal Legislatures of nations and states across the ballock decl be initiated organized and title laws and programs that add to this matter How constantly , such efforts seem to be otiose . Poverty arranges continue to increase despite policies of impress the problem . These failures may be due to some factors that agree the pauperism respects . In this different socio-economic factors were analyse and scoop shovel kinships of these variables with the indigence appreciate where established . Furthermore , the relationship of a combination of all these factors and need rates was o btained . These factors be unemployment rate , social dish out and increases in minimum wage . The data polld in the field of view came from eight provinces of Canada that approximately merely the nation of Canada . The timeline of the study is fourteen years Data shows that the socio-economic factors canvass dumbfound a directly proportional relationship with scantness rate . That is , an increase in the said socio-economic factors corresponds to an increase in the distress rate of the eight provincesIntroductionThroughout the world , giving medications of many an some other(prenominal) another(prenominal) countries fuck off been battling the increasing poverty of their constituents . Ever since the magnification of population in the world , this problem has been in the desks of many great and lesser leaders . There have been so many solutions , policies and majority rule acts that have been passed and implemented yet the growing hail of the the great unwashed across the globe never seem to vanish . What! government agencies and private organizations fanny only contribute to the fight against the ever worsening check out of poverty is to ease some of it to a small number of the population . Some developed countries have even helped other less developed nations in relieving the poverty of many commonwealth . One may ask what have been the roots of such poverty . As has been mentioned , it can be the sharp population growth across the globe . another(prenominal) factors that have caused such predicament are the decreasing standard of resources on the planet and the declining employment opportunitiesSuch factors are the ones that are translucent in society . save , some other factors that can affect the increasing poverty rate are not explicitly observable . These factors are the subject of this . It is the aim of this to analyze some of the socio-economic factors that affect the poverty rate in selected provinces of Canada . These factors are the unemployment rate , social a ssist and minimum wage increases . It is kindle also to note that the concentre of the study is on the relationship between these socio-economic factors and the poverty rate . Thus , certain methods of compend where employed to established the relationships of the said socio-economic factors with poverty rateLiterature ReviewIn the journal The tokenish Wage and the Poor : The End of kindred by Burkhauser and Aldrich Finegan , their study have shown that many...If you want to get a full essay, set it on our website: OrderEssay.net

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