Question

In many developing nations, young women have lower enrollment rates in secondary school than do young men. Which of the following observations are consistent with greater educational opportunities for young women leading to faster economic growth in these countries?Check all that apply.

a. The opportunity cost of having a child is lower.
b. Increased human capital reduces productivity.
c. There are external benefits associated with greater knowledge in a country.

Answer 1

a. The opportunity cost of having a child is lower.

Step-by-step explanation:

When the opportunity cost of having a child is lower it means that a lot more young women could opt for having children which will lead to increased population.

Increased population means population growth and increased capacity for productivity

Increased productivity as a result of increased population (since population growth implies more labor factor availability) leads to increased output and faster economic growth.

Answer 2

C. There are external benefits associated with greater knowledge in a country.

Step-by-step explanation:

To answer this question, we need to establish a relationship between education and human capital, pointing out its external benefits.

Greater education opportunities for young women will increase human capital, thereby raising productivity. This increase in productivity will lead to faster economic growth for the country.

In addition to that, another external benefit is that it will also help stabilize the fast population growth of the economy, as the opportunity cost of having a child will be increased, causing a slower population growth.This will help prevent a strain on the available resources of the country.