📚 Learning Guide
Political Spectrum and Economic Issues
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A city council is debating whether to introduce a new regulation that requires all local businesses to pay a minimum wage above the federal standard to help reduce income inequality. Which perspective best aligns with the council members who support this regulation?

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Choose the Best Answer

A

They believe in government intervention to promote economic equality.

B

They think that free-market principles will solve wage disparities on their own.

C

They are concerned that minimum wage laws will lead to job losses.

D

They feel that regulations should only focus on safety and not wages.

Understanding the Answer

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Answer

The council members who support the new regulation likely align with a more progressive or left-leaning perspective on the political spectrum. They believe that by raising the minimum wage, workers will earn more money, which can help reduce the gap between rich and poor. This perspective emphasizes fairness and the idea that everyone deserves to earn a living wage that allows them to meet their basic needs. For example, if a local restaurant increases its minimum wage from $7. 25 to $15 per hour, its employees would have more money to spend on food, housing, and education, benefiting the local economy.

Detailed Explanation

The council members believe that the government should step in to help make pay fairer for everyone. Other options are incorrect because Some people think that if the market is free, wages will fix themselves; There is a worry that raising wages could make businesses hire fewer workers.

Key Concepts

Political Spectrum
Economic Issues
Government Intervention
Topic

Political Spectrum and Economic Issues

Difficulty

medium level question

Cognitive Level

understand

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