I am a senior in highschool and I am taking AP Econ so I don't have to take it in college. Something like a week ago, we were talking about investment and Capitol (not like washington dc but like a building or a machine). More importantly we were talking about Human Vs. Physical Capitol and what investing in those would do to productivity. During this discusion we talked about how Human Capitol is mostly and investment in education because if a worker is more educated than they can produce more. In the middle of this discussion my teacher said "The point of school is to gain enough Human Capitol so that after you finish your schooling you will be able to produce more and therefore be more valueable to society." For me this seems to be true. The more you know the more you can do. But my question is why? why do we need an institution to help us gain value? why do we need this value? why does our society and economy value this type of knowlege valued over the stuff that they definatly don't or rather won't teach in school?
Created: Apr 21, 2014Cup Of Joe Document Media