In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.
So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.
I think governments always wanted to make everything become simple to make the people live with less problem in financial aspect they wanted everything to be balance, in terms of prices and salary, but sometimes there are a lot of opportunists who take advantage with the absence of police force/executor of the law, one big problem is the corruption on some government agencies this is a very big problem that is not easy to solved and a very sad reality.