Economy, asked by dbk72, 1 year ago

explain in three points the importance of education as an input for growth of an individual as well as society

Answers

Answered by maryamkincsem
16

Growth: This refers to the development, and achievements in general. When someone or something is progressing in a positive direction.


Growth in economic terms: This refers to the development of the country when the consumption, investment, government spending and net exports increase overall.


Some look at rising GDP as growth.


Growth of individual through education:

Individuals grow when they get education cause of the following.

- they gain knowledge

- they get awareness

-they become well spoken and fluent

- they can back up their arguments with evidences

- they become experts in their field

-education leads to qualification leading to good jobs and business sense

- good career opportunities instead of man power usage


Growth of society via society:

- education leads to breaking of stereotypes

-education leads to understanding human rights

- leads to growing morality and respect for others

-education leads to people being civil which reduces anarchy

- leads to more awareness

-less extremism

Answered by Sidyandex
13

Education opens new opportunities for the individuals which help them to improve their quality of living.


Hence, population would be the biggest asset of the economy rather than being a liability.


It consequently enhances the national income of the economy and steady rise in the GDP rate of the nation.

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