Education as a Source of Economic Growth and Development--An Essay

An abundant and increasing supply of highly people has become absolute prerequisite of social and economic development in our world. It is a condition of national survival. In a developed economy, an individual is less than fully effective if his education is less than limit of his potential. The uneducated are fast becoming an unproductive economic liability. Society must be an educated society today to progess, to grow, even to survive.' We live in a time when knowledge is exploding; more knowledge, new techniques, and new abilities are changing world, and education must change with it. Education is only means to enhance man from ignorance and superstition and to help him master his environment.2 Bolino states that economists now see man as the essential prerequisite for economic advancement. It is he who shapes environment to serve unlimited demands of human imagination.3 The progress of a nation depends on progress of its people. Unless nation develops their spirit and human potentialities, it cannot develop much materially, economically, politically or culturally. The basic problem of most developing countries is not poverty of natural resources but underdevelopment of their human resources. Hence, their first task must be to build up their

Development economics · Economic growth · Economics · Political science · Sociology · Economic Theory and Policy · Gender, Education, and Development Issues · Globalization and Economic Impact

• From public service broadcaster to development actor

  Eva Połońska-Kimunguyi•Critical Arts•2015

  Add to list