Solve the following problem by developing new policies, actions or solutions. Identify how we can pay for this solution to be implemented? New taxes? Cuts in present programs? Are there any changes in the present US constitution that might be neccesary to implement this solution?
Problem: Sixty Percent of the youth between eighteen and thirty in Detroit are unemployed, have not completed high school, are at various levels of functional illiteracy, without job skills, and are living on welfare or through illegal activity. What can we do to eliminate this "negative human capital"? Or even better, turn it to "Positive human capital".© BrainMass Inc. brainmass.com October 9, 2019, 4:51 pm ad1c9bdddf
HOW WE CAN PAY FOR THE NEW SOLUTION?
In Detroit there are many ways in which we can pay. This in part depends on the actual expenses incurred for the policies outlined below. For example, if the educational institutes are adequate in number, then the cost will be low. Only the policy and law relating to the enforcement of compulsory education needs to be enforced. In that case it may not be necessary to "pay" for the positive human capital. What may be required will be "the political will" to implement the policies. On the other hand if a large number of educational institutions are required, then there will a be cost to be incurred and taxes, cuts in other programs or other fund raising measures may be needed.
WHAT DO WE MEAN BY POSITIVE HUMAN CAPITAL?
It is people and their ability to be economically productive. Education, training, and health care can help increase positive human capital. The unique capabilities and expertise of individuals. The accumulated skill, knowledge and expertise of workers. The skills and knowledge possessed by workers. Workers acquire these skills both through formal education and through on-the-job and life experiences. The stock of knowledge and skill, embodied in an individual as a result of education, training, and experience, that makes them more productive. 2. The stock of knowledge and skill embodied in the population of an economy. The sum of knowledge, disposition, skills and expertise of people belonging to an organization. Contrary to structural capital, positive human capital is the property of individuals. It is a source of creativity and innovation, and therefore of the competitive advantage of an organization. Human Performance Technology The bulk of methods and processes used to improve job performance in individuals, groups and organizations. the accumulation of knowledge and skills embodied in a person, typically considered in terms of the economic benefits that derive from it. Positive human capital can be acquired formally, for example through schooling, or informally, for example through on-the-job learning. positive human capital is a way of defining and categorizing peoples' skills and abilities as used in employment and otherwise contribute to the economy. Many early economic theories refer to it simply as labour, one of three factors of production, and consider it to be a commodity -- homogeneous and easily interchangeable. But other conceptions of labor are more sophisticated.
Positive human capital is a way of defining and categorizing peoples' skills and abilities as used in employment and otherwise contribute to the economy. Many early economic theories refer to it simply as ...
Changes in the present US constitution are regarded.