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
Economy, Monetary Policy and Monopolies The benchmark interest rate currently stands at 0.25% compared to 0.2500 that was registered in January 2011 (Trading economics, 2012). Meanwhile, the annual inflation has remained unchanged at 1.7% in June 2012. Inflation rate, here, means a general rise in prices measured against a standard level of purchasing power. GDP deflator and CPI are the most common measures of inflation. CPI measures consumer prices where as
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
School-to-Work Programs Every school board now offers school-to-work (STW) programs, which are designed to meet the needs of a large portion of today's students - those who are work-bound as soon as they graduate high school. Many of these programs allow students to enroll as apprentices and accumulate hours and experience towards a qualifying certificate in a specific profession while earning credits towards their high school graduation diploma, as well. While advocates
Causative Analysis There are several causes to why the students did not pass the state standardized test in mathematics and in language arts. It is strongly believe that the students were not adequately prepared for the test because they had not been completing the required assignments and attending the online classes offered by their teachers. Their lack of School Improvement 7 participation in the class, has lead them to a failing
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