Question

How can inequality or discrimination hurt an economy's ability to maximize its human capital?

Answer 1

Inequality and discrimination can hinder an economy's ability to maximize its human capital, leading to a loss of potential talent and productivity.

Step-by-step explanation:

Inequality and discrimination can significantly hinder an economy's ability to maximize its human capital. When certain populations, such as minority groups or historically underrepresented individuals, face discrimination or inequality in education, employment, or other areas, it limits their access to opportunities and resources needed to develop their skills and talents. This leads to a loss of potential talent and productivity in the economy. For example, if women and people from minority populations were fully able to participate in the science and technology innovation process, it is estimated that the GDP could be as much as 4.4% higher.

Answer 2

Well, if people are discriminated against and feel they are not equal to some other classes in their own society, they obviously will not be happy which will have an impact on their jobs and careers. If they are not happy, they will not give their full potential at their jobs, which will ultimately lead to less and less income for the company.
That's what I think, at least. :)