Education is considered to be an important input for the development of a nation. How?
Education is the process of teaching, training, learning, imparting knowledge and developing skills. It facilitates the use of natural and human resources.
Following points describe why education is an important input for the development of a nation:
(i) Knowledge and Skills: A better-educated person has greater skills and knowledge which enhances productivity and therefore provides a greater opportunity to work and earn a higher income.
(ii) Rationality: Education develops thought process in people and helps them in making rational choices which lead to efficient utilisation of resources resulting in higher productivity.
(iii) Values and Ethics: Education inculcates moral values and professional ethics in people, making them law-abiding citizens, who contribute towards the well being of the nation.
(iv) Adoption of Modern Technology: Education develops the skills required for understanding and adopting modern technology. This helps in increasing output and pacing up the growth of the nation.
(v) Standard of Living: Education raises the living standard of people by enhancing their earning capacity.