Few points on how a common uneducated man or woman can overcome poverty?
Answers
Answer:
Education increases earnings by roughly 10% per each additional year of schooling. For each $1 invested in an additional year of schooling earnings increase by $5 in low-income countries and $2.5 in lower-middle income countries.Oc
Explanation:
Access to high-quality primary education and supporting child well-being is a globally-recognized solution to the cycle of poverty. This is, in part, because it also addresses many of the other issues can keep communities vulnerable.
Like a tree, poverty has many roots. But among the many causes of global poverty, one factor stands out: education. Not every person without an education is living in extreme poverty, but most of the extremely poor do lack a basic education. Those living below the poverty line will also be more likely to keep their children out of school, which means that their children will also have a greater chance of living in poverty.
Education is often referred to as the great equalizer: It can open the door to jobs, resources, and skills that a family needs to not just survive, but thrive. Access to high-quality primary education and supporting child well-being is a globally-recognized solution to the cycle of poverty. This is, in part, because it also addresses many of the other issues can keep communities vulnerable. Let’s look at 3 ways education is the secret ingredient to ending extreme poverty, as well as a few facts around the value of an education.
THE IMPACT OF EDUCATION ON POVERTY: FACTS
Education is directly related to many solutions to poverty, including:
Economic growth
Reduced income inequality
Reduced infant and maternal deaths
Reduced stunting
Reduced vulnerability to HIV and AIDS
Reduced violence at home and in society
According to UNESCO, if all students in low-income countries had just basic reading skills (nothing else), an estimated 171 million people could escape extreme poverty. If all adults completed secondary education, we could cut the global poverty rate by more than half.