11th Class Economics Human Capital Formation In India

  • question_answer 14)
    Explain how investment in education stimulates economic growth.

    Answer:

    Investment in education stimulates economic growth in the following manner investment in education stimulates economic growth as education is provided to all. As per the government policies. They want to increase the literacy rate for both adults and youth. It improves the difference in literacy rates between males and females. Women are also taking higher educations. This all lead to form a well educated nation and investment in education by all individuals give them in return a good standard of living a good labour productive force and high participation rate of both males and females. Which automatcally stimulates the growth of economy.


You need to login to perform this action.
You will be redirected in 3 sec spinner