Minimum Wage and Fast Food Research Paper by ResearchRiter

Minimum Wage and Fast Food
A look at how paying minimum wage affects the fast food industry.
# 122459 | 1,250 words | 25 sources | MLA | 2008 | US
Published on Dec 01, 2008 in Business (Companies) , Business (Industries)

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This paper discusses the effect of the minimum wage on the fast food business, particularly McDonald's. The paper asserts that the effect is largely positive. because it enables the company to attract good workers.

From the Paper:

"The fast-food business has some basic requirements that the minimum wage affects--competent workers, low costs and full employment to cover its positions. Wages are a critical factor in any economy and the minimum wage can make a difference between an income that stretches far enough to feed the family and one that doesn'.t The fast food industry in particular is affected by the minimum wage because it depends on low-wage workers to make a profit."

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