Week 6 Flashcards
1
Q
What is human capital?
A
investment in education and training result from investment in the skills and abilities of people
2
Q
What is social capital
A
- network and connections
- knowing the right people and having a strong link to them
3
Q
What is Marx’s Theory?
A
- Class is determined by a person’s “relationship to the means of production”
4
Q
What is the lowest class?
A
proletariat class
5
Q
What is the highest class?
A
Bourgeoisie
6
Q
What is the functionalist theory of Davis and Moore?
A
**Jobs differ in importance **
1) some jobs are more important than others
2) people must make sacrifices to train for important jobs
3) inequality is required to motivate people to undergo sacrifices
