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the minimum wage was pushed by three factions each had their distinct purpose although there was quite a bit of overlap among them the first faction consisted of progressives who believed that a minimum wage would raise the living standards of the poorest americans this group was the most economically naive
Hemera Technologies/AbleStock.com/Getty Images. Minimum wage laws were established to address issues faced by American workers. The first minimum wage law was signed by President Franklin D. Roosevelt in 1938 as part of the Fair Labor Standards Act, which is the cornerstone of the U.S. labor system. The FLSA also introduced regulations to prevent the exploitation of American workers.