201k views
2 votes
How does better education affect economic growth and development?

User Loduwijk
by
6.9k points

2 Answers

6 votes

Answer:

Education directly affects economic growth insofar as it is essential to improve human capital... An increase in workers educational level improve their human increasing the productivity of these workers and the economy's output.

User Debo
by
6.3k points
5 votes

Answer: A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking. ... In this sense, education is an investment in human capital, similar to an investment in better equipment.

Step-by-step explanation:

User Wellington Lorindo
by
7.2k points