Monday, March 7, 2016
Mitchell Koeckeritz, chapter 6, question 5
The part of the chapter that struck me was when Wheelan talked about what would happen if 100,000 people were dropped on state street and how that would effect the economy. His example went back to human capital in which people can invest in themselves through education. He also addressed the idea that everybody has different qualities that allows them to be effective in different circumstances. If many different people with a greater education and an abundant amount of qualities, then the economy in Chicago would be boosted. But, if people who had dropped out of highschool had been dropped in Chicago, there would be a severe lack of resources to take care of those people.
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