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Exercises · Q8

Q.Education is considered to be an important input for the development of a nation. How?

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Education develops a nation by raising the productivity and income of people, enabling them to use new technology, and generating wide social benefits such as better health, awareness and participation.

Concept

Education is an investment in human capital. Its returns accrue not only to the educated individual but also to society at large, which is why it is treated as a vital input for national development.

How education develops a nation

1. Higher productivity and income

Educated workers have greater knowledge and skill, so they produce more. This raises their own incomes and adds to the national income and growth of the country.

2. Ability to use new technology

An educated workforce can understand, adopt and adapt new technologies and modern methods of production, which are central to economic growth.

3. Social benefits

Education makes people more aware of their surroundings, health and rights. Educated people tend to make better health and family decisions — for example, choosing smaller families and reducing infant mortality — which benefits the whole society.

4. Wider participation and equity …

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