Why Do College Graduates Earn More in Wages Than Workers

question 11

Short Answer

Why do college graduates earn more in wages than workers with only a high school diploma?

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Definitions:

Preindustrial Societies

Societies characterized by limited technological development, with economies based chiefly on subsistence farming or hunting and gathering.

Smaller Versions

Refers to reduced or miniaturized forms or editions of objects, concepts, or models, maintaining essential features or functions on a reduced scale.

Flexible Self

the ability of an individual to adapt their behaviors, attitudes, and perceptions in response to different situations, challenges, or environments.

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their culture, contributing to their personal development and social identity.