Which of the following is correct?

Fair wage is higher than living wage
Living wage is higher than fair wage
Fair wages, living wages and minimum wages are the same
None of the these

The correct answer is: D. None of the these

A fair wage is the amount of money that a worker should be paid for their work, based on factors such as the difficulty of the job, the level of skill required, and the cost of living in the area. A living wage is the amount of money that a worker needs to earn in order to meet their basic needs, such as food, housing, and transportation. A minimum wage is the lowest amount of money that an employer is legally allowed to pay their employees.

Fair wages, living wages, and minimum wages are all important concepts, but they are not the same thing. A fair wage may be higher than a living wage, or it may be lower. A minimum wage may be higher than a living wage, or it may be lower. The amount of money that a worker should be paid depends on a variety of factors, and there is no one-size-fits-all answer.

Here is a brief explanation of each option:

  • Option A: Fair wage is higher than living wage. This is not always the case. A fair wage may be higher than a living wage, or it may be lower. The amount of money that a worker should be paid depends on a variety of factors, and there is no one-size-fits-all answer.
  • Option B: Living wage is higher than fair wage. This is not always the case. A fair wage may be higher than a living wage, or it may be lower. The amount of money that a worker should be paid depends on a variety of factors, and there is no one-size-fits-all answer.
  • Option C: Fair wages, living wages and minimum wages are the same. This is not always the case. A fair wage may be higher than a living wage, or it may be lower. A minimum wage may be higher than a living wage, or it may be lower. The amount of money that a worker should be paid depends on a variety of factors, and there is no one-size-fits-all answer.
  • Option D: None of the these. This is the correct answer. Fair wages, living wages, and minimum wages are all important concepts, but they are not the same thing. A fair wage may be higher than a living wage, or it may be lower. A minimum wage may be higher than a living wage, or it may be lower. The amount of money that a worker should be paid depends on a variety of factors, and there is no one-size-fits-all answer.
Exit mobile version