Question

Analyse how education and subsidies can increase a country's economic growth?

Answer 1

A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking. ... As a result, many countries provide funding for primary and secondary education to improve economic performance.

Answer 2

A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking. However, obtaining a higher level of education also carries a cost.