Below is an adapted note from Business Week published some time ago. After read. ing it, apply what you have learned in this chapter, and design a study after sketch. ing the theoretical framework.
The Vital Role of Self-Esteem
Why do some people earn more than others? Economists focused on the importance of education, basic skills, and work experience-what they called human capital_on increased productivity, and said these were reflected in greater earning power. Researchers also found that self-esteem was instrumental in acquiring human capital.