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The value of human capital can decrease when:
Ethnocentrism
The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a disdain for other groups.
Exclusionary Policies
Rules or practices designed to intentionally or unintentionally exclude certain groups or individuals.
Stereotypes
Stereotypes are oversimplified and generalized beliefs about a particular group of people or things, which often do not consider individual differences.
Self-fulfilling Prophecies
Expectations about a situation or person that lead to actions which cause the expectations to come true.
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