CBSE Class 9 Answered
Explain the role of education in economic development.
Asked by Topperlearning User | 01 Feb, 2016, 10:37: AM
Expert Answer
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.
Answered by | 01 Feb, 2016, 12:37: PM
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