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Please help.Thank you.Use your own word. Share your thoughts in paragraph Minimum wage is a price floor set by the States/local governments to protect the

Please help.Thank you.Use your own word.

Share your thoughts in paragraph

Minimum wage is a price floor set by the States/local governments to protect the labor and make sure they earn a living which could actually support them. Please point to pros and cons of the minimum wage with regards to different types of jobs, different segments of labor market, different costs of living in different places, and refer to what we have been studying in the chapters for the week. These two videos are Ted Talks by Nick Hanauer, an American entrepreneur and venture capitalist who suggested $15 minimum wage for the first time in 2013. Years after his first proposal, many cities and States in America are yielding to implement $15 minimum wage, gradually.

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