56. The Minimum Wage Debate: Explained! (English Vocabulary Lesson)

What is the lowest wage a company should be able to pay someone? This is not an easy question to answer. Higher wages might help workers but hurt companies, while low wages will hurt those workers but help the businesses. Should we have a minimum wage, and if so, what should that minimum wage be? This episode of Thinking in English will look at the history of minimum wages, and then investigate a few arguments for and against higher minimum wages! TRANSCRIPT -- https://thinkinginenglish.blog/2021/03/03/56-the-minimum-wage-debate-explained-english-vocabulary-lesson/ Most Expensive Cities Episode -- http://thinkinginenglish.blog/2021/01/06/40-what-is-the-most-expensive-city-in-the-world-english-vocabulary-lesson/ CONTACT US!! INSTAGRAM - thinkinginenglishpodcast (https://www.instagram.com/thinkinginenglishpodcast/) Twitter - @thinkenglishpod Blog - thinkinginenglish.blog Gmail - [email protected] Vocabulary List Legally (adv) - as stated by the law Children under 16 are not legally allowed to buy cigarettes in the UK Poverty (n) - the condition of being extremely poor Two million people in that city live in poverty Entitle (v) - to give someone the right to do or have something Being unemployed entitles you to government support To spur (v) - to encourage an activity or development or make it happen faster A huge new factory spurred economic growth in the entire region Necessity (n) - something that you need, especially in order to live Eating is a biological necessity Devastating (adj) - causing a lot of damage or destruction The missile strike was devastating - the target was totally destroyed Market (n) - the business or activity of buying and selling a particular product or service Many companies are waiting to enter the Chinese market! To exploit (v) - to use someone or something unfairly for your own advantage Laws exist to stop companies exploiting their employees --- Support this podcast: https://podcasters.spotify.com/pod/show/thinking-english/support Learn more about your ad choices. Visit megaphone.fm/adchoices