The Minimum Wage Law is a regulation that sets the lowest amount of money that employers can pay their workers. This law aims to ensure that employees receive a fair wage for their labor, helping to reduce poverty and improve living standards. The minimum wage can vary by country, state, or city, and is often adjusted periodically to keep up with inflation and cost of living. In many places, the minimum wage is enforced by government agencies, such as the Department of Labor in the United States. Employers who fail to comply with the minimum wage law may face penalties, including fines or legal action. The law is an important aspect of labor rights and economic policy.