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Suppose that a lobster in Nova Scotia costs $10 and the same type of lobster in New Brunswick costs $30. How could people make a profit in the situation?
Basic Necessities
Fundamental requirements for human survival and well-being, such as food, water, shelter, and clothing.
Minimum Wage
The lowest legal salary that employers can pay their workers, often set by government law.
Extra Shifts
Additional work periods taken on by an employee beyond their normal working hours, often to meet increased demand or to earn more income.
Culture-Of-Poverty Explanation
A theory suggesting that poverty creates certain cultural attitudes, behaviors, and values which perpetuate the condition of being poor across generations.
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