Examine the role of education in the economic development of a nation.
Examine the role of education in the economic development of a nation.
Following points show that education plays a significant role in economic development:
(i) Education increases the receptivity of people to modern and scientific ideas. Thus, education increases the efficiency of people.
(ii) It results in greater awareness of available opportunities and mobility of labour.
(iii) It imparts knowledge, skills, and attitude which would enable them to contribute to the productive programmes.
(iv) Research and Development Education helps in preparing learned scientists and researchers in various subjects, who are involved in research and development activities to bring out innovative products, technologies and processes and thus add to the economic development of the nation.
(v) Standard of Living Education raises the living standard of people by enhancing [heir income earning capacity.
(vi) Participation Rate Education makes a greater proportion of population capable of participating in the economic, social and political activities of a nation thus raising the participation of people in the development process.
Following points show that education plays a significant role in economic development:
(i) Education increases the receptivity of people to modern and scientific ideas. Thus, education increases the efficiency of people.
(ii) It results in greater awareness of available opportunities and mobility of labour.
(iii) It imparts knowledge, skills, and attitude which would enable them to contribute to the productive programmes.
(iv) Research and Development Education helps in preparing learned scientists and researchers in various subjects, who are involved in research and development activities to bring out innovative products, technologies and processes and thus add to the economic development of the nation.
(v) Standard of Living Education raises the living standard of people by enhancing [heir income earning capacity.
(vi) Participation Rate Education makes a greater proportion of population capable of participating in the economic, social and political activities of a nation thus raising the participation of people in the development process.
