What are the alternative views to the human capital theory with respect to the role of education?
One alternative dissenting view sees education as a sorting mechanism. People differ in ability both before and after schooling, but schooling sorts persons according to ability. Traits which lead to success in school often lead to success in work. Employers know this and seek people with more schooling for more complex jobs.
Economics
You might also like to view...
A single-price monopoly can sell 1 unit for $9.00. To sell 2 units, the price must be $8.50 per unit. The marginal revenue from selling the second unit is
A) $17.50. B) $17.00. C) $8.50. D) $8.00. E) $9.00.
Economics
List a few of the characteristics of workers who typically earn at or below the minimum wage
Economics