Much of the decrease in wage differentials between women and blacks vÌs a vÌs white males is due to the acquisition of human capital by women and blacks.

Question

Quizplus · Accepted Answer

The acquisition of human capital, such as education and skills, can lead to an increase in wages and a decrease in wage differentials between different groups. Therefore, it is true that much of the decrease in wage differentials between women and blacks compared to white males is due to the acquisition of human capital by these groups.

Much of the Decrease in Wage Differentials Between Women and Blacks