An explanation of the positive and negative effects of the national minimum wage for employees, businesses and the economy as a whole outlining To what extent it is advantageous

…showed first 75 words of 1977 total…

…showed last 75 words of 1977 total…U.K industries more efficient so in the long we could see an expansion in aggregate supply and a boost to economic growth. It is an advantage to the U.K. as it also encourages businesses to improve which has a knock on effect, which creates social improvement as well. I feel it has been a success so far as it raises living standards and benefits the low paid which are the aims of government.