Q. 124.3( 4 Votes )
‘There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment
With the increase in the education level, the inequalities of income reduce because the educated persons have more ability and skills and so they can earn better. They can utilise the inputs in the best possible manner which increases the productivity as well as with help of education they can earn better which improves the standard of living and the quality of life.
The increase in the literacy level reduces the inequalities in income and wealth and this benefit of education has forced the Government of various countries to invest more and more in the education sector.
Rate this question :
In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?NCERT - Indian Economic Development
Explain how investment in education stimulates economic growth.NCERT - Indian Economic Development
What are the main problems of human capital formation in India?NCERT - Indian Economic Development
Discuss the need for promoting women’s education in India.NCERT - Indian Economic Development
Examine the role of education in the economic development of a nation.NCERT - Indian Economic Development
How does investment in human capital contribute to growth?NCERT - Indian Economic Development
‘There is a downward trend in inequality world-wide with a rise in the average education levels’. CommentNCERT - Indian Economic Development
Argue in favour of the need for different forms of government intervention in education and health sectors.NCERT - Indian Economic Development
Trace the relationship between human capital and economic growth.NCERT - Indian Economic Development
Bring out the need for on-the-job-training for a person.NCERT - Indian Economic Development