explain the relationship between the use of human capital and level of development ?

what are the advantages and disadvantages of the minimum wage workers?

Question

explain the relationship between the use of human capital and level of development ?

what are the advantages and disadvantages of the minimum wage workers?

neonumbrella5115 · Answer

Any ideas?

anonymous · Answer

@neonumbrella5115 uh for the second one, i think an advantage would be it helps middle class and the lower class not go into poverty, but an disadvantage it stops jobs from being created.

neonumbrella5115 · Answer

Another disadvantage is that minimum wage doesn't create jobs for those who need jobs.  Instead it raises how much money those already employed receive.  Which is sort of what you said, but more in depth.  Your advantage is good!

anonymous · Answer

okay and thanks alot but im honestly dumbfounded on the first question @neonumbrella5115

anonymous · Answer

@neonumbrella5115

neonumbrella5115 · Answer

http://www.investopedia.com/ask/answers/032415/what-relationship-between-human-capital-and-economic-growth.asp This website answers your question in more depth. :)