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Culture

Technology Economics

Information and Communication Global Labor Market: Social Status and


Technology: According Spring By having students train to work in Socioeconomic Status (SES):
(2018), “Information and a global economy, politicians According to Spring (2018),
communication technology is believe it will result in economic economic segregation occurs in
speeding the global flow of growth. Students are competing in schooling and “contributes to
information and creating a library of inequalities in educational
a global economy.
world knowledges.” outcomes.” Those in higher social
classes tend to have more
Human Capital Theory: According education.
OECD: The Organisation for to Spring (2018), this theory
Economic Co-operation and concludes that money spent on
education will result in growing, Social Reproduction vs.
Development (OECD) states, “‘The
competitive US economy. The Equality of Opportunity:
value of knowledge and information
Argument that schools reinforce
in all their forms is becoming ever growth of knowledge and ideas
social class divides vs. argument
more apparent, a trend that is being through education ultimately results
that schools provide level playing
facilitated by the rapid spread of in economic growth. field for all to pursue same
high-speed information
opportunities (Spring, 2018).
technology’” (qtd in Spring, 2018).

Education as an Investment:
Globalization: “Technology is According to Kaplan & Owings (2015), Race and Gender: According to
clearly changing the workplace, by “Education acts as an economic Spring (2018), “For all racial
virtue of its ability to connect people stimulus.” By investing money into categories, white men earn more
together in a virtual education, an economy is ultimately than females” with the same level
environment” (Kaplan & Owings, investing in economic growth. of education, and statistics have
2015). This has lead to the rise of Educated citizens have more potential proven that white males are more
online schools, virtual classrooms, and are more employable. academically successful in a
etc. white-dominated society.
References

Kaplan, Leslie S. & Owings, William A. (2015). Educational foundations (2nd ed.). Stamford, CT: Cengage

Learning.Spring, Joel (2018). American education (18th ed.). New York, NY: Routledge.

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