Abstract
With the onset of COVID-19 pandemic in the USA many schools closed and were replaced with in-home computer instruction. This action, required Computers, Internet, and WIFI to access the daily lessons. This effort will suggest that many of the poor/working class parents of many of these students will be unable to afford the luxuries of Computers, Internet, and WIFI. Hence, these students/children will be unable to access the class sessions and assignments, negatively affecting their intellectual and social growth.
Highlights
Human capital is the total knowledge, skills, experiences, and education which add to the individual’s ability to create personal economic and social benefits
Several studies have shown that the number of years of education is a strong determinant of occupational achievements (with social origins held constant (Sewell & Shah, 1977 in Power and Ideology in Education, Karrabul and Halsy))
This effort argued that in-home computer instruction will have a negative effect on children’s learning, creativity, and critical thinking
Summary
Human capital is the total knowledge, skills, experiences, and education which add to the individual’s ability to create personal economic and social benefits. Evidence has been amassing which suggests that quality education is critical for the sustained social and economic growth of nations, and individuals. Human capital is a form of consumption for the individual and acts as a socially and economic investment. From this perspective the individual can consider him/herself a capitalist in that the individual makes investments in the acquisition of knowledge and skill, the growth of economically valuable capacities (low earnings reflect according to this theory, inadequate investments in education). According to Schultz, 1961 capital theory further suggests that investment in education nationally facilitates economic growth in two ways: spurring technological innovation and increasing the productivity of labor. There is a significant correlation between the national income per capita, and the levels of education among the labor force
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