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Classroom Newsletter: Would Increasing the Minimum Wage Reduce Poverty?

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Classroom Newsletter: Would Increasing the Minimum Wage Reduce Poverty?

GRADE LEVEL: 9-12, college, and adult

OVERVIEW: Since its inception, the federal minimum wage has been used as one way to help alleviate poverty and promote a sense of economic fairness. Many people today argue that a full-time worker should earn a wage that supports a household—especially in the United States, a wealthy nation. But would increasing the minimum wage help low-income families?

KEY TOPICS: economics, equilibrium, wages, unintended consequences

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