Relation of education with eonomics
Answers
THE ANSWER IS AS FOLLOWS....
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The positive relationship between education and economic growth is that individuals are willing to take more years of schooling to be able to earn more and get better jobs. Education does contribute to growth as see, countries with higher levels of economic growth have labor force with higher level of formal schooling.
Answer:
The positive relationship between education and economic growth is that individuals are willing to take more years of schooling to be able to earn more and get better jobs. ... Education does contribute to growth as see, countries with higher levels of economic growth have labor force with higher level of formal schooling.
Step-by-step explanation:
Education in every sense is one of the fundamental factors of Economical 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.