Differences in skills or ability are one major reason for income differences in the United States.

Question

Arvind Rithvik · Accepted Answer

Final Answer : True, Explanation :  Differences in skills or abilities, often referred to as human capital, significantly contribute to income disparities in the United States, as individuals with higher levels of education, experience, or specialized skills tend to earn higher incomes.

Differences in skills or ability are one major reason for income differences in the United States.

Definitions

Learning Objectives

Learning Objectives

Related questions