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Education plays a significant role in economic development. Discuss

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Following points show that education plays a significant role in economic development: (i) Education increases the receptivity of people to modem and scientific ideas. Thus, education increases the efficiency of people. (ii) It results in greater awareness of available opportunities and mobility of labour. (iii)...
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Following points show that education plays a significant role in economic development:

(i) Education increases the receptivity of people to modem and scientific ideas. Thus, education increases the efficiency of people.

(ii) It results in greater awareness of available opportunities and mobility of labour.

(iii) It imparts to people knowledge, skills and attitude whichwould enable them to contribute to the productive programmes.

(iv) It produces the skilled and trained personnel needed by the economy. Education prepares individuals as human resources.

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Yes, education palys a significant role in economic development because without education we can't do any work or process in any kind of fields which we use any technology.
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Education enriches people's understanding of themselves and world. Education raises people's productivity and creativity and promotes entrepreneurship and technological advances. In addition it plays a very crucial role in securing economic and social progress and improving income.
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