how does education contribute to the process of growth and development
Answers
Explanation:
Education in every sense is one of the fundamental factors of development. ... 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 distribution
Education plays a significant role in economic development as follows:
Education increases the accessibility of people to modern and scientific ideas.
It increases the efficiency and ability of people to absorb new technology.
It creates awareness of the available opportunities and mobility of labour.
Education helps individuals to gain knowledge, skills and attitude which would enable them to understand changes in society and scientific advancements.
Investment in education is one of the main sources of human capital which facilitates inventions and innovations.
Available educated labour force facilitates adaptation of advanced technology in a country.