Megha kumari, Academic content writer of Economics at Edumarz
Human being has the capacity to store and transmit knowledge which help in the evolution of mankind. But by the time human realize that skill and trainings are required to sharpen their knowledge. These skills will help humans to work efficiently. It has been seen that educated persons has more labour skills. They can earn more and contribute to economic growth of a country in comparision with uneducated persons.
Education play an important role in economic growth of a country. Education help in giving a better social standings and pride. It helps people to make better choice. It gives knowledge to understand the changes taking place in society. New technology and innovations also happens because of education. The economic growth and development process involve expanding education sector. Education is the key for developmental process.