The Value of a College Education Has Increased Significantly in Recent

question 11

Multiple Choice

The value of a college education has increased significantly in recent years because:

• A) it is much more expensive to obtain
• B) fewer people are going to college
• C) the income gap between men and women has closed
• D) of the increased demand for educated workers in the computer- and information-based economy

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Definitions:

Capital

Production inputs consisting of technology, tools, information, and physical facilities.

Human Resources

The department within an organization that manages all matters related to employees, including hiring, training, development, and compliance with labor laws.

Social Responsibility

The obligation of an entity, individual or corporate, to act for the benefit of society at large, balancing profit-making with activities that benefit the community.

Entrepreneurship

The activity of setting up a business, taking on financial risks in the hope of profit.