Geography, asked by 1babitajha, 7 months ago

Skilled and educated work force and it's impact on a growing economy.why?

Answers

Answered by mahi1862
6

Answer:

Education has been identified as an important determinant of economic growth. Higher levels of educational attainment lead to a more skilled and productive workforce, producing more efficiently a higher standard of goods and services, which in turn forms the basis for faster economic growth and rising living standards.

Answered by tanvisrivastava015
4

Answer:

Education has been identified as an important determinant of economic growth. Higher levels of educational attainment lead to a more skilled and productive workforce, producing more efficiently a higher standard of goods and services, which in turn forms the basis for faster economic growth and rising living standards.

Education leads to lower birth rates and slows population growth. This makes it easier for countries to develop. A more-educated workforce also makes poverty eradication and economic growth easier to achieve.

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