Read through this post to find out about the relationship between education and economic development: 3 interesting details

Education aids both the development of a person and the community she or he belongs to. Read on to learn even more about this.

Although learning definitely doesn't stop once you graduate from high school, education is most generally associated with children, and this is because the importance of education for children is truly enormous. Its importance is of course recognised by many, like Persimmon for instance who support children’s educational charitable groups. It is important that little children begin receiving formal education at a comparatively young age, as this is the time when they are developing emotionally and socially. The role of education in development is that education supplies them with the valuable stimulation to support this development. Educational organizations which include schools have to equip the small children with the vital practical knowledge and abilities so that they are able to successfully exist in the community as adults. Schools supply young children with the necessary surroundings where they can explore themselves and the world around them.

Education has a big effect on personal advancement. Having skills and knowledge gained through education helps you to be more independent and gives you more options and opportunities in life to do what you really want to do. Whilst being more educated does not directly dictate your levels of happiness, it can definitely make you feel more confident and empowered which can lead to a more general feeling of satisfaction in life. Several reports have also displayed a link between heath and level of education. This is most likely because educated people are more likely to hold better paying jobs and therefore afford better medical care for themselves, and their young children. All of these are fantastic personal reasons why education is so important in a person’s everyday life, something that companies like IBM have most likely taken into attention when deciding to help academic programmes.

When looking at the influence of education in a more global sense, it is obvious that education has a big positive impact on the development of a country. As a matter of fact, education is a needed step for economic development. Education enhances economic development as it produces specialists that add value to its workforce. A population that is more educated is better able to participate in the development and implementation of new innovations that will improve the economy. Education also lowers poverty and at large increases the standards of living, as there is a immediate correlation between years spent in education and a person’s income. Education also promotes equality and peace, which are all necessary for a flourishing culture. As you can see there are a lot of economic benefits of investing in education. The role of education in development of a country is of course pretty big, something that is in all likelihood recognised by establishments like Rio Tinto Group who help numerous educational non profit organizations.

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