Define the following Awage schooling Bhuman capital Csocial

Solution

A)

Wage Schooling is a scale which helps employer to fix the wages for worker as per the education level of each worker for an instance wage increases with each year increase in education(Academic)

B)

Human Capital

Skill sets, Knwoledge and Experience achieved by population which can be viewed as value or capital of that country.

C)

Social Capital

In Every society network of people where they work and live make the life better for them selves by enabling society to function effectively.

D)

Comporate Wealth or Corporate Wealth?

E)

Hedonic wage function which shows one to many mapping between Wages and Risk Charectristics involved in job

where domain is wages and range is jobs