The alternative to human capital theory that explains why people invest in education argues that:
A)schooling just acts as a signal of future ability
B)university is a place to network with future workers
C)productivity is not linked to wages
D)people cannot be considered as 'capital'

Question

Quizplus · Accepted Answer

The alternative theory argues that schooling is not directly tied with productivity, but rather acts as a signal of a person's ability which in turn leads to higher wages.

The Alternative to Human Capital Theory That Explains Why People