Question

From 1979 to 2019, real earnings decreased for those having only a high school education or less. among the possible explanations for this trend offered by economists are:

Answer 1

Real earnings decreased for high school education because globalization has helped those with greater education more than those with less education.

Decrease in real earnings

Due to globalization  people with higher education or higher qualification has more advantage over those with lesser education or high school education.

This occur because technological changes in recent decades has lead or result in high demand for people with more or higher education.

Inconclusion real earnings decreased for high school education because of globalization.

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