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Minimum Wages Act

The Minimum Wages Act is a piece of legislation designed to protect workers from unduly low pay by setting the minimum amount that must be paid to workers for their labor. The specifics of the Act, including the actual wage rates, can vary significantly from one country to another and even between different regions or sectors within the same country. The fundamental aim of such legislation is to ensure a basic standard of living for workers and to reduce poverty and exploitation in the labor market.