Education leads to better economic opportunities and even if it is not the sole purpose of schooling, we must bear in mind that deeper understanding of the connection between education and economy can lead to formulation and implementation of positive result-oriented school reforms. The paper presents evidence to prove that there exists a deep and significant link between education and economic opportunities.
SCHOOLING AND ECONOMY: EVIDENCE
While most of us want to adorn ourselves with the best education available to us, we do so not exactly to broaden our intellectual horizons but to access better job opportunities once we enter the real world. This shows that schooling is closely connected with better lives or more opportunities. Does that also mean that better education would lead to better jobs in future and poor education would only add to poverty? Unfortunately yes, it does work that way. Education is indeed so intricately connected with economy that we cannot ignore the significance of the former in the creation of better lives for individuals. For this reason many people are of the view that children in poverty-stricken families should be equipped with quality education in order to provide them with equal opportunities as their more affluent counterparts. However, we notice that this has not been happening in the United States where poor continue to suffer from low quality education provided by ill-managed schools desperately in need of funds to upgrade their education system. Another important thing to remember is...
Banks in India are required to provide 40% of their net credit to other sectors like agriculture, retail trade, small scale industries and business.Net assets of the banking sector are held by private banks which holds 18.2%, 75% by public sector banks while the 6.5% are held by foreign banks. China China is the largest economic powerhouse of the BRIC countries by both population wise and GDP. It had an estimated
There are variations on these four schools but, in essence, these four schools dominate the field. These four schools are: Marxist, Kenyesian, Monetarist, and neoclassic. The Marxist school is built upon the theories and writings of Karl Marx and Friedrich Engels. These gentlemen believed that all economic societies go through a period of development wherein different economy systems are used beginning with a form of primitive communism through feudalism, capitalism,
Schools and Education Over the last several years, the field of education has been facing tremendous challenges. This is because of shifts in how they address a host of issues and there are changing demographics of students. These are all signs of broader social implications which are having an effect on individual performance and their ability to adapt with a variety of situations. (Rury, 2013) Evidence of this can be seen with
Economy Encourages College Attendance The Downturn in the Economy is Driving People to Enroll in College Public Universities vs. Private Universities As the U.S. economy remains sluggish, more people are expected to apply to public universities (Collins, "Economy Affects"). In fact, both public and private colleges are reporting record enrollment over previous years, which they attribute directly to the recession (Hayworth, "Slow Economy"). Private schools have a harder time attracting students, but financial
Another common use is in the generation of written work. Students can learn to revise and edit using a computer word processing program. Again, this supports the use of computers to learn keyboarding just as we teach manuscript and cursive writing: the keyboard is merely a third way to record information and generate data. Students can also learn to use spreadsheets and databases (Fouts, 2000), which can give them the
6. What factors contribute to globalization? The principle factor that contributes to globalization is economics. Transnational companies (Giddens et al., 2012, p. 485), for instance, have a vested interest in identifying -- and exploiting -- the most economically viable markets in which to conduct business so that they can maximize profits and reduce costs. However, there are also other factors that readily contribute to globalization, such as the exchange of
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