Education plays a significant role in economic development. Discuss

Asked by Last Modified  

3 Answers

Learn Economics +1

Follow 5
Answer

Please enter your answer

JU-IITKGP & 10+ years experienced for boards, JEE,NEET,OLYMPIAD & 5-12

Following points show that education plays a significant role in economic development: (i) Education increases the receptivity of people to modem and scientific ideas. Thus, education increases the efficiency of people. (ii) It results in greater awareness of available opportunities and mobility of labour. (iii)...
read more
Following points show that education plays a significant role in economic development: (i) Education increases the receptivity of people to modem 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 to people knowledge, skills and attitude whichwould enable them to contribute to the productive programmes. (iv) It produces the skilled and trained personnel needed by the economy. Education prepares individuals as human resources. read less
Comments

Yes, education palys a significant role in economic development because without education we can't do any work or process in any kind of fields which we use any technology.
Comments

Tutor

Education enriches people's understanding of themselves and world. Education raises people's productivity and creativity and promotes entrepreneurship and technological advances. In addition it plays a very crucial role in securing economic and social progress and improving income.
Comments

View 1 more Answers

Related Questions

How do I start preparing for JEE MAINS from class 11 without using coaching?
Apart from your daily study routine, you have to spend at least 2 to 3hours to clear only basic concepts of any subject.
Vishvajeet
0 0
5
Is it necessary to go to coaching or tuition for English in class 12 CBSE?
I think those students who are studying in a CBSE schools.They won't need.
Brahma
0 0
6
I have just entered class 11. How should I start preparing for the IIT-JEE and board exams?
It is just the suitable time to begin your JEE and Board exam preparation. Start studying from NCERT books. They are a pre-requisite and will build a foundation for competitive exams. Divide the number...
Neha
0 0
7
As the supply of tomatoes increases in your local mandi, its price drops. When the local harvest starts reaching the market, the price of tomatoes drops from Rs. 40 per kg to Rs 4 per kg or even less. Is there any relationship between two variables?
The fall in price of tomatoes when the local harvest starts reaching the market is due to following two readons: 1. When supply is in much excess of demand , as per basic theory of economics the price...
Meenakshi
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons


Role of Central Bank in the Economy
The primary objective of the ECBs monetary policy is to maintain price stability. The ECB aims atinflation rates of below, but close to, 2% over the medium term.The operational framework of theEurosystem...


Multiplication Tricks
1) Multiplication with 11 23 X 11= 253 2___3 253 (2+3=5) 623 X 11= 6853 6_____3 6____53 (2+3= 5) 6853 (6+2= 8) You can see multiplication can be done quickly by starting with the first and last...
P

Priya

0 0
0

Recommended Articles

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you