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 term patriarchal Legislatures of nations and states across the formal decl be initiated organized and proclaim laws and programs that add to this matter How constantly , much(prenominal) efforts seem to be otiose . Poverty arranges continue to increase despite policies of depart the problem . These failures may be due to some factors that touch the pauperism ordinates . In this different socio-economic factors were analyse and easy lay kinships of these variables with the indigence consider where established . Furthermore , the relationship of a combination of all these factors and poorness ra tes was obtained . These factors argon unemployment rate , social do and increases in minimum wage . The data polld in the field of view came from eight provinces of Canada that approximately continue the commonwealth of Canada . The timeline of the study is fourteen years Data shows that the socio-economic factors examine dumbfound a directly proportional relationship with meagerness rate . That is , an increase in the said socio-economic factors corresponds to an increase in the leanness rate of the eight provincesIntroductionThroughout the world , giving medications of more a(prenominal) countries fuck off been battling the increasing distress of their constituents . Ever since the effusion 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 until now the growing sum up of the the great unwashed across the gl obe never seem to vanish . What government a! gencies and private organizations tooshie only contribute to the fight against the ever worsening figure of poverty is to ease some of it to a small number of the population . Some developed countries have even helped former(a) less developed nations in relieving the poverty of many mountain .

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 plight are the decreasing standard of resources on the planet and the declining ruminate opportunitiesSuch factors are the ones that are translucent in society . except , some other factors that can affect th e 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 assist and minimum wage increases . It is kindle also to note that the heighten 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

If you want to get a full information about our service, visit our page: write my essay