Racism and sexism have economic impacts in terms of pay differentials and occupational segregation. They affect educational outcomes in terms of achievement and the relationship between education and occupational outcomes. Racism and sexism are perpetuated through individual beliefs and behavior and institutional policies and practices. (SK)

This paper is a product of the "Changing Domestic Priorities" project which has examined the shifts taking place in the nation's economic and social policies under the Reagan Administration and is now focusing on the major economic and social problems facing the nation over the coming decade. The following topics are discussed in this paper: (1)…