Question

In: Economics

Explain how the investment component of education facilitates the process of development in a country of...

Explain how the investment component of education facilitates the process of development in a country of your choice. Give evidence to support your argument.

Solutions

Expert Solution

ANSWER:

For the development of our country education is very necessary to make people literate about what is right and what is wrong.Now a day education is today largely paid for and almost entirely administered by government bodies or non-profit institutions.And we can say that education is a fundamental driver of personal, national and global development.According to academic reserach provided result that countries with higher per capital income in equality and lower fertility rates tend to invest more in children education with public expenditure leading to higher enrollment rates.Conclusion came out from this research is that efforts to promote more inclusive economic growth and improve education systems can raise enrollment among young people in developing countries and reduce disparities between genders and among social groups.

In many countries, primary schools fail to provide students with appropriate cognitive skills like numeracy, literacy, problem-solving ability and general scientific knowledge and due to this student are not able to meet the job market's changing demands.For development there is various sector for which literacy is needed to each and every person. In agriculture sector there is a need of education to cultivate best quality of crops with optimum utilisation of raw material and money too, like this there is a different sector where education is compulsary to guide to move work on a right and ease process. In share market also if cannot calculate where to invest how much to invest till what span of time we invest we cannot get good amount of return out of there. Therefore investment in education facilities the process of development in a countries and build a brighten future of our country and our youth.


Related Solutions

describe and explain the 5 foundations of development 1. Capital 2. Investment in education healthcare and...
describe and explain the 5 foundations of development 1. Capital 2. Investment in education healthcare and infrastructure 3 Sustainable development of natural resources 4. Proper management of human resources 5. Development of a viable culture App 300 words,
Explain the role of health education in health promotion. How is the nursing process used in...
Explain the role of health education in health promotion. How is the nursing process used in developing health education? Describe a contemporary issue, local or global, that a family may experience today. What steps would the nurse take to address these as part of a health education plan?
Explain how the Female Gametophyte development process works at a mechanistic level?
Explain how the Female Gametophyte development process works at a mechanistic level?
Explain how the VI Amendment has impacted the criminal trial process in this country?
Explain how the VI Amendment has impacted the criminal trial process in this country?
Explain the new-product development process and product development through acquisition.
Explain the new-product development process and product development through acquisition. 
Explain the basics of the cultural identity development process.
Explain the basics of the cultural identity development process.
explain what facilitates the renaturation of partially denatured proteins.
explain what facilitates the renaturation of partially denatured proteins.
Job structure development is dependent on a process of job evaluation. Explain this process.
Job structure development is dependent on a process of job evaluation. Explain this process.
My country is Sri Lanka, and I have to explain how Sustainable Development Goals (SDG) goal...
My country is Sri Lanka, and I have to explain how Sustainable Development Goals (SDG) goal 3 (good health and well being) and goal 4 (quality education) relates to Sri Lanka, What is the problem? And what are some recommendations to solve those resolutions.
Intro to App Development with Swift by Apple education, Apple Education ITEC245, iOS App Development Description:...
Intro to App Development with Swift by Apple education, Apple Education ITEC245, iOS App Development Description: Write a report with your self reflection and learning outcome on below topics: 1. Playground Basics with sample program , Naming and Identifiers with sample program , Strings with sample program , First App with sample program , Functions with sample program
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT