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If minimum wages are higher relative to the median wage,then minimum wage will affect:
Balance Theory
A psychological theory suggesting that people prefer harmony and consistency in their views, beliefs, and sentiments, and will change or modify them to achieve balance.
Unit Relations
The dynamics and interactions within and between units or groups in an organization, affecting its harmony and productivity.
Post-Racial
A theoretical environment in which the concept of race is said to be irrelevant; often criticized as being an ideal rather than reality.
Self-Esteem
An individual's subjective evaluation of their own worth, including beliefs and emotions about oneself, affecting mental health and behavior patterns.
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