Final answer:
The role of women in a nation's development is crucial, ranging from economic growth to societal progress. Despite facing numerous adversities, women can stimulate economic growth, especially when they receive higher levels of education. The nation's development significantly depends on how it values and utilizes its women's potential.
Step-by-step explanation:
The role of women in the development of a country is colossal and multifaceted. From being a worker in the marketplace to managing a household, women's contributions are crucial for societal and economic advancement (E. Boserup, 1970).
While women are living longer and healthier lives today compared to ten years ago, many are still denied basic rights, particularly in the workplace, which hampers their potential to contribute to their nation's development. Women in peripheral nations often face precarious circumstances, having fewer assets, farming less land, and making less money. Moreover, they typically have restricted civil rights and liberties.
Despite these adversities, women can, and often do, stimulate economic growth in peripheral nations. However, they often lack access to credit, which hampers their ability to start small businesses and contribute to the economy. Education is a vital instrument for change; when women attain higher levels of education, they account for significant economic growth within their nations (OECD 2012). Therefore, investment in women's education can significantly boost a country's development.
Ultimately, the development of a country is significantly influenced by how it values and utilizes its women's potential (E. S. Carr, 2011). To achieve true progress, nations must provide women with equal rights and opportunities to participate fully in the country's development.
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