Multidisciplinary Essay

644 words - 3 pages

Lower earnings of women during 1955 to 2007 can be explained by the human capital model. Human capital model is defined as a stock of competencies, knowledge, social and personality attributes, including creativity, cognitive abilities, embodied in the ability to perform labor so as to produce economic value. Reasons that could be the reason why women earned lower earnings then men could be the female’s characteristics, job characteristics, occupational crowding, discrimination and the devaluing women throughout society. Lower earnings for women can also be from having less experience due to breaks in their labor force participation for childbearing and other reasons because higher earnings are typically related with who has more experience.
In human capital gender differences accounted for 33 percent of the total gender gap. Contributing factors would be women pursuing education, job training, occupational distribution, nondiscriminatory hiring and retention efforts, and higher unionization rate. The union improved low skilled women’s wages. Investing in human capital at a young age is beneficial as you have more years to increase your salary. In the later years a huge reason why women’s labor force participation has risen is because of delayed marriages and lower fertility rates typically in the younger women. It can even be possible that employers treat men and women differently; when no production difference exists showing discrimination is still in the workplace
Historically Rosie the Riveter influenced the choices women have made in acquiring human capital during WWII. It showed that woman can leave the house, get a career, and earn money. Cult of true womanhood did the opposite of what Rosie the Riveter brought to women. It diminished women’s pursuit of investing in human capital because it told women to stay home and take care of the family. Then the Civil Rights movement came along and that helped women...

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