Human capital theory assumes that the economic system is fair and competitive and that wage differences reflect the resources that individuals bring to the job.
Answer the following statement true (T) or false (F)
True
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Compared to other animal species, human babies and children
A) Are born independent B) Become independent at about the same rate C) Become independent much more quickly D) Become independent much more slowly
Which statement most accurately reflects the individual model of wealth accumulation?
a. It builds quickly in young families. b. It involves homeownership opportunities. c. It is used mostly during the working years. d. It is life-cycle sensitive.
Ethnomethodologists would be particularly interested in focusing on:
a. how teachers administer an exam to students b. the overall structure of the educational system c. the class conflicts between students of various social classes d. trends in how education is currently purchased and consumed
According to the authors of the text, capitalism will, if unhindered by government regulation, result in individual self-fulfillment and general material progress for all of society
Indicate whether the statement is true or false.