Human Capital Theory Explains Gender Differences in Wages

question 57

Multiple Choice

Human capital theory explains gender differences in wages

• A)as created by the different occupations men and women work in.
• B)by taking into consideration women's tendency to drop out of the workforce in order to have children.
• C)as the result of individual characteristics of workers.
• D)as being overstated.

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Definitions:

Organizational Performance

The analysis of a company's performance as measured through indicators such as profitability, revenue, efficiency, and overall success in achieving its goals and objectives.

Promotion

The advancement of an employee within a company to a higher position, often accompanied by an increase in responsibility and pay.

Transfer

The act of moving assets, responsibilities, or employees from one place, position, or ownership to another within or between organizations.

Economic Turmoil

A state of significant instability and uncertainty within the economy, often characterized by rapid changes in market conditions, high unemployment, and financial instability.