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Ok, I need some brief definition, not a whole theory, just 3 or 4 sentences. The most general line you can come up with. The one who make it gets the 10 points!

2006-11-26 00:41:00 · 4 answers · asked by Randy Beaman 2 in Social Science Economics

4 answers

education is seen as human capital. education can also be as a signal in case of adverse selection in recruitment.

2006-11-26 03:36:20 · answer #1 · answered by Dirk N 3 · 0 0

It is not teaching people to think, but to be good, skilled workers, able to fill a capacity within the labour market itself. Thus, in the context of the liberal arts, it is not education but training. This is the difference between a diploma from a trade school and a traditional university. Another way to say "training workers" opposed to "educating the populace!"
--CJ "That Cheeky Lad!"

2006-11-26 08:55:17 · answer #2 · answered by Charles-CeeJay_UK_ USA/CheekyLad 7 · 0 0

It is education directed toward a trade or profession, rather than a general education. For example, studying history generally is not education for the labour market, but studying archaeology is. Studying Law or Medicine is educating yourself for the labour market, but an English degree is not.

2006-11-26 08:51:04 · answer #3 · answered by rdenig_male 7 · 0 0

supply sides policy

2006-11-26 13:27:47 · answer #4 · answered by ???? 2 · 0 0

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