HLTC23H3 Chapter : Skill Formation and the Economics of Investing in Disadvantage Children.docx
Document Summary
Disadvantage is assoc. with poor parenting practices and lack of positive cognitive and non cognitive stimulation. The dynamics of human skill formation reveal that later compensation for deficient early family env. is very costly. Figure plots the rate of return, w/c the dollar flow from a unit of investment in a disadv. young child at current levels of expenditure. The economic return from early interventions is high and the return from later interventions is lower. Noncognitive skills and examples of successful early interventions. Non cognitive skills such as motivation, perseverance and tenacity are also important for success in life. No child left behind act - focuses on cognitive test score outcomes to measure success of interventions in spite the evidence on the importance of noncognitive skills in social success. Schools and skill gaps schools to reduce skills gaps across socioeconomic groups. motivations that children bring to school play a far greater role in promoting their performance.
