The approach to reducing inequality by raising the minimum wage is called:
A) a fair wage movement.
B) unionization.
C) collective bargaining.
D) wage differentials.

Question

Quizplus · Accepted Answer

Raising the minimum wage is a tactic often associated with the fair wage movement, which aims to address income inequality by advocating for wages that are sufficient to meet basic needs and support a decent standard of living. Unionization and collective bargaining can also help raise wages, but they specifically involve workers banding together and negotiating with employers, rather than advocating for policy changes at a broader level. Wage differentials refer to the variation in wages across different industries or job types, rather than specifically addressing the minimum wage.

The Approach to Reducing Inequality by Raising the Minimum Wage