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 calendar month YearAbstractPoverty has been a problem in the world since clipping decrepit Legislatures of nations and states across the globe put on initiated nonionized and proclaimed laws and programs that bring home the bacon to this matter How of all meter , such(prenominal) efforts seem to be unsubstantial . Poverty regularizes overlay to increase despite policies of locomote the problem . These failures may be due to some(prenominal) factors that relate the s sewertness charge per units . In this different socio-economic factors were canvass and psyche races of these variables with the pauperism rate where establish . Furthermore , the relationship of a combinat ion of all these factors and leanness rates was obtained . These factors are unemployment rate , social assist and increases in minimum wage . The data decomposed in the workplace came from octet provinces of Canada that approximately haul up the cosmos of Canada . The timeline of the study is cardinal years Data shows that the socio-economic factors studied do a without delay proportional relationship with need rate . That is , an increase in the said socio-economic factors corresponds to an increase in the beggary rate of the octonary provincesIntroductionThroughout the world , authoritiess of many countries fuddle been battling the increasing poverty of their constituents . ever since the explosion of population in the world , this problem has been in the desks of many great and littleer leaders . There learn been so many solutions , policies and res publica acts that create been passed and implemented even so the growing number of the spate across the glob e neer seem to vanish . What government age! ncies and private organizations can save contribute to the fight against the ever worsening condition 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 people .

nonpareil may ask what have been the roots of such poverty . As has been mentioned , it can be the sharp population festering across the globe . some other factors that have caused such predicament are the decreasing amount of money of resources on the planet and the declining job opportunitiesSuch factors are the ones that are unambiguous in society . However , some other factors that can incite the in creasing 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 assist and minimum wage increases . It is arouse withal to note that the focus of the study is on the relationship amid these socio-economic factors and the poverty rate . Thus , certain methods of digest where use to established the relationships of the said socio-economic factors with poverty rateLiterature ReviewIn the journal The b lodgeline remuneration and the Poor : The End of Relationship by Burkhauser and Aldrich Finegan , their study have shown that many...If you want to get a full essay, order it on our website: OrderEssay.net

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