Why is Education Important For The Economic Development of a Country?
Training is one of the main drivers of economic growth in any respect. Without significant investment in human resources, no nation can achieve sustainable economic growth. Training increases people's self-understanding and world understanding. It increases the quality of your life and offers people and community-wide social benefits. Training increases the efficiency and innovation of individuals and encourages business and technical development. It also plays a key role in ensuring economic and social growth and better allocation of wealth. Economic growth is also a dynamic phenomenon and economists find the underlying causes difficult to define. At its heart, financial and human resources are mixed in more nuanced and efficient ways, which is why certain countries go ahead even quicker in this transition than others. Some economists started to question if developing countries were poor because human capital was missing. It was deduced that in the Second World War the wealthy