What are the Forms of wages?
Wages have been classified into three different categories. The
categories are living wages, minimum wages, and fair wages. Living
wages are often defined as the wages needed in order to provide the
necessities in order to live; such as food, clothing, and housing.
Minimum wage is determined by the government, and are the lowest
wages one can legally earn. Fair wage is the mean between the
living wage and the minimum wage.
Related Q&A:
What are farmers wages?Well, you know, farmers' wages can vary a whole lot. It depends on a bunch of factors. Like the type of farming they do, whether it's crops or livestock. And also where they're located. In some areas, farmers might earn a decent wage, but in others, it could be pretty low. A lot of times, it's not just a straightforward salary. It could include income from selling their produce or getting government subsidies. But generally speaking, it's hard to give an exact number because it's so variable. Oh, and the size of the farm and the demand for the products they grow or raise can also have a big impact on their earnings.