Certain skills are valued more than others in society due to the concept of Human Capital. This concept suggests that individuals with certain skillsets and professional networks are more valued in the community. These skills may not necessarily be superior to others, but they are perceived as more valuable due to their demand in the society. For instance, people like Bill Gates are highly valued because of their unique skills and professional networks, which allows them to own companies and find jobs easily.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
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