Asked by Marilyn Regules on Jul 19, 2024
Verified
Both human capital theory and dual labor market theory focus on the characteristics of the individual in order to explain the gender gap in wages.
Human Capital Theory
A theory in economics that views individuals' skills and education as a form of capital and suggests that investments in education and training enhance productivity and earnings.
Dual Labor Market Theory
A theory that suggests the economy is divided into two segments: the primary sector with good jobs and high wages, and the secondary sector with poor jobs and low wages.
Gender Gap
The differences in opportunities, status, attitudes, and conditions for men and women in various aspects of society, including employment and education.
- Understand trends and factors influencing women's labor force participation in the U.S.
Verified Answer
HM
herlou mae guevaraJul 23, 2024
Final Answer :
True
Explanation :
Both human capital theory and dual labor market theory emphasize that the characteristics of the individual, such as education level, work experience, and occupational choices, contribute to the gender wage gap.
Learning Objectives
- Understand trends and factors influencing women's labor force participation in the U.S.