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Human capital |
Also found in: Wikipedia, Hutchinson | 0.01 sec. |
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Human capital The unique capabilities and expertise of individuals. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Sharf's (2006) human capital theory is a theory that career development professionals could consider when working with Black/African American students. Human capital theory has a focus on the labour needs of nation-states and the 'human capital theory of education'--a concept emerging from neo--classical economic theory which earned Garry Becket (1957) a Nobel Prize and has dominated educational programs since the 1960s in New Zealand as well as Australia and Canada (Marginson, 1993). On the supply side, classical human capital theory states that the low level or low quality of education received by African Americans explains why African Americans make less money than Caucasians (Becker 1993). |
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