NextQ163

Examine the role of education in the economic development of a nation.**Answer:** - **Knowledge and skills:** Provides quality skills and knowledge, enhancing productivity and earning opportunities. - **Acceptability of modern methods:** An educated individual can adopt modern techniques boosting the economy. - **Eradication of inequality:** Education reduces inequality by increasing income earning capacity of economically backward sections. - **Innovation:** An educated person can develop new skills and innovate new techniques.

Study Simplify SpecialImportance, Problems & Human Development
Question 162

Write a short note on Human Development Index (HDI).

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