A good job leads to higher income which gives the individual a higher status. Social development- education helps to train people according to the economic requirements of the society to a large extent. Helps people acquire skill most required. It also explains the vital role of education in the society to understand various social, political and economic problems of the society, for example literacy problems in the
First of all, and possibly most obviously, is the fact that education allows people to have access to better jobs. The more education and training that a person has, the better suited they are to perform in better paying and more competitive jobs. Formal education also allows people to “cross boundaries between private and public spheres” (Stromquist, 2015, p. 313). This means that people will be able to be involved in both their private, domestic lives as well as the public life and society. Formal education also provides people with development of “knowledge, and, indirectly, the psychological dimensions of empowerment by increasing the students’ sense of self-esteem, efficacy, and future life aspirations” (Stromquist, 2015, p. 313).
The positive relationship between economic development and literacy levels and the impact of investment in education on economic growth are well established. The transiting of the world towards a knowledge based economy is adding to the importance of human resources in general, and of education in particular. Human resources are poised to commend an increasingly important role in the balance of world economics and, hence, political power. Literacy is linked to economic success as literacy levels help determines the kind of jobs people find, the salaries they make and their ability to upgrade their work skills. It is a big factor in the economic success of a
The World Economic Forum in 2009 claims that the three relationships are suggestive of productive outcomes emanating from education provision (Mitra & Abubakar, 2011). For example, in eradicating extreme hunger and poverty even if developing countries focus on innovation, creativity, talent and resources to overcome poverty, they lack the infrastructure and the expertise to support such an objective (Mitra & Abubakar, 2011). These deficiencies could be overcome through capacity building through entrepreneurship education to transform these assets into products and services, thereby creating more jobs, enhancing their global trade opportunities and reducing the incidence of poverty (Mitra & Abubakar,
Technical and vocational training programmes, provides adequate training services for individuals interested in learning skills and trades. These programmes give individuals, particularly the youths an opportunity to access training in any field of their choice. It helps persons to develop their own skills as well as learn new ones, without charge. This allows persons to improve their qualifications without putting their families on an economic
Kauffman wanted his foundation to be innovative – to fundamentally change people 's lives. He wanted to help young people, especially those from disadvantaged backgrounds, get a quality education that would enable them to reach their full potential. He saw building enterprise as one of the most effective ways to realize individual promise and spur the economy. Today, the mission of the Kauffman Foundation follows his vision by focusing its grant making and operations on two areas: advancing entrepreneurship and improving the education of children and
It helps a person to show their best by their mind and spirit. It gives you a lot of knowledge in all the fields. Education plays an important role in the personal growth. The more you have knowledge the more you grow and me able to face the difficult world. Being educated and achieving degrees help you to be prepared in being a part of the reputed organizations, companies and institutions.
My writing experience started two years ago when I was introduced to Information technology assignments by a friend. I was introduced to basics or writing skills which I know I have sharpened till today. Also, I have grasped all the writing styles including APA, MLA, Chicago and Harvard. The most important thing is that I have acquired an effective research ability a fact that is attributed to the experience I have had on different academic databases and sources such as EBSCO, Google scholar, ProQuest as well as proper use of keywords.