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- Which of the following concepts best describe ‘social capital’? (a) Skills and qualifications. (b) Affluence and earning potential. (c) Moral values and trust in others. (d) Health and age.Discuss the ways a college degree a form of capital.Which trends in income and wealth have emerged within the United States over the last 15 to 20 years?
- Is Income determined by the Scarcity of Your Contribution, and Not the Value of Human Worth?In Investment in Human Capital (1962) paper by Gary Becker, what were his key findings and why was it important ?International data show a positive correlation between income per person and the health of the population. Explain how higher income might cause better health outcomes. Explain how better health outcomes might cause higher income.