During the mass high school education movement from 1910–1940, there was an increase in skilled workers, which led to a decrease in the price of skilled labor. High school education during the period was designed to equip students with necessary skill sets to be able to perform at work. In fact, it differs from the present high school education, which is regarded as a stepping-stone to acquire college and advanced degrees. This decrease in wages caused a period of compression and decreased inequality between skilled and unskilled workers. Education is very important for the growth of the economy, however educational inequality in gender also influence towards the economy. Lagerlof and Galor stated that gender inequality in education can result to low economic growth, and continued gender inequality in education, thus creating a poverty trap. It is suggested that a large gap in male and female education may indicate backwardness and so may be associated with lower economic growth, which can explain why there is economic inequality between countries.
When did the high school education movement occur? What impact did the high school education movement have on the presence of skilled workers? What impact did the high school education movement have on the wages of skilled workers? What impacts gender inequality in wages? What contributed to the decreased inequality between trained and untrained workers? When was the mass high school education movement? What did the increase in skilled workers lead to? How did the education during the high school education movement differ from the subsequent high school education? What is very important for the growth of the economy? What can result in creating a poverty trap?