Economy, asked by atsatd3961, 1 year ago

Define `minimum wage' and `living wage.'

Answers

Answered by rohitdadoria
5
Living wage

The living wage is based on the amount an individual needs to earn to cover the basic costs of living.

Because living costs vary in different parts of the country, there is a different rate for London and the rest of the UK.

Minimum wage

Minimum wage is the lowest hourly amount an employer may legally pay an employee.
Answered by Diyakalra
1
hope it will help u
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