What are the differences between education and literacy?
Study Simplify SpecialHuman Capital & Economic Growth
Question 134
Examine the role of education in the economic development of a nation. OR 'Education plays a significant role in economic development'. Discuss.
**Answer:**
- i. Education increases the receptivity of people to modern and scientific ideas, increasing efficiency.
- ii. It results in greater awareness of available opportunities and mobility of labour.
- iii. It imparts knowledge, skills and attitude enabling contribution to productive programmes.