Raise the Wage - Full Video

Poof! Everyone now makes at least $50 an hour. Good idea? Or not?

Many things sound like a great idea at first. But what happens when you explore deeper? Look beyond the surface?

In a hypothetical move, the minimum wage is suddenly raised to $50 for everyone. Celebration time? Or might there be some unintended consequences?

Raise the Wage explores the history of minimum wage laws, where they can be found (or not) around the world, comparative wages, and what could occur when the wage is raised. Discover the benefits of early work experience and see what jobs teenagers are doing, and how much they make right now. Follow Kelly and Max, two teenagers who recently had job interviews, as they experience for themselves what might happen if the minimum wage suddenly rose to $50 an hour.

Raise the Wage covers numerous educational standards across several subject areas including Language Arts, Mathematics, and Social Studies for Grades 7-12. To learn more about this educational program, and which standards it covers specific to your grade, subject area, and which standards your district is using, visit our educational program summary section for this video here: http://www.izzit.org/products/detail.....

Subject Areas:
■ Business
■ Civics
■ Economics
■ Family & Consumer Science
■ Government
■ U.S. History

Topics:
■ Economy
■ Great Depression
■ Labor Market
■ Minimum Wage
■ Regulations
■ Unemployment
■ Unintended Consequences

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Chapters

0:00 Introduction
3:59 History of Min. Wage
4:57 Impact & Job Lessons
7:22 Moving Up
8:36 Unskilled Labor
9:41 Employers Weigh In
12:08 Conclusion
13:14 Discussion Question