We are unfinished without a good education because education makes us right thinker and correct decision maker. Firstly, educations do provide human resource develop a country. But those people who are longing for obtaining high positions in the society are required to have good knowledge basis. Population and Manpower Resources: Population is considered as an important determinant of economic growth. A country can reach development by raising the level of knowledge and experience, and government should care about individual's education.
All these have led to diversion of resources and initiatives from developmental to non-developmental ends. Determinants of Economic Development: By economic development we mean attainment of higher level of productivity in almost all the sectors and a better level of living for the general masses. Foreign rulers converted these economies as primary producing countries engaged in the production of raw materials only to be supplied to the ruler country at cheaper prices and also a potent market for the sale of the manufacturing products produced by the ruler country. That the process was a slow one, all agree. Planning is also essential for mobilisation of resources, capital formation and also to raise the volume of investment required for accelerating the pace of development.
Yan analyzes the factors influencing the development of an understanding of the Internet in both its technical and social dimensions. In fact, the successful economic and technological development became possible due to the process of accelerated industrialization with the further transition to scientific, knowledge-based industries. Education is the single most important factor in the development of a country. Crores of passengers travel through railways for the job, work and personal needs every day. Therefore, they must take proper steps, viz. In this regard, the disparity between North and South is particularly obvious McCormick 214.
Education is most important in development of a country. Thus to bring social and institutional change as per changing environment and to realise the modern values of life are very much important for accelerating the pace of economic development in a country. Firstly, the productive opportunities available within the existing resouirce and necessary known-how have to be utilised to the maximum extent through optimum allocation of the resources of the country. Secondly, in all countries especially developing countries, the way to develop is do own self. External Factors: The present situation in the world economy necessitates active support of external factors for sustaining a satisfactory rate of economic growth in underdeveloped economies. The total network is divided into 16 zones.
On the other hand, the availability of oil and natural gas allow countries to boost their economic development, even if they are mere exporters of natural resources. Economy is one of the major factors of the development of the country. Issue: Education is the single most important factor in the development of a country? The existence of a weak corrupt and inefficient administrative machinery leads the country into chaos and disorder. The statement is about education is one of significant factor to build a modern country. The internet helps the citizens to share and receive large amounts of information with ease, increasing their knowledge and participation in their political environment. It will give us power to make right decisions at right time. This is because educations help an individual to gainknowledge and increase the ability for them to work and served for the country.
The people of a country must desire progress and their social, economic, legal and political situations must be favourable to it. In the pre- independence period, the power supply was mainly in the private sector and that too restricted to the urban areas. Topics , tags , , , ,. This can help them in better upbringing of their children, thus helping them to become responsible citizens of the country. Drugs are usually distinguished from endogenous biochemicals by being introduced from outside the organism. What makes them and the.
The importance of human… 4337 Words 18 Pages I. In underdeveloped countries the problems are that of initiating and accelerating development. The country should arrange cheap and larger volume of credit facilities readily available for its industrialists, cultivators, businessmen, small traders and new entrepreneurs. In my opinion, I agree that education is the most important factor in the development of a country. Economic Growth and Economic Development 2. It is, in fact a social creation, a human invention an unconscious invention of a whole community. Education is the right of every kind of people.
Following are some of the important pre-requisites for economic development of underdeveloped countries. These are: i Efforts to economise, either by reducing the cost of any product or by raising the yield from any given input or other resources, ii Increase in knowledge and its appropriate application and iii Amount of capital or other resources for land. Research suggests that students with good personality have better chance to stand out in the future society. The realisation is that economic growth is essential for humanity but it should be seen only as a means to improve human choices. So that, most people apply a lot of tecniques which help them their work and school. It gives the power to man to fight of their rights. It has simplified the conveyance of ideas, smoothed social contacts, conserved our culture and transmitted it Lo posterity.
The first is the economic growth, the second is the population and employment in society and the third is stability and fair in politic. This requires proper selection of industries as per investment priorities and choice of production techniques so as to realise a low capital-output ratio and also for achieving maximum productivity. We must make a balance in the facilities for education for all to bring equality among people as well as equal individual development all through the country. They find possibility and become successful. Thus to attain indigenous base in developmental framework is considered as an important pre-requisite for economic development.
Following are some of the important structural changes arising out of economic development: i Shift in Economic Activities: In most of the underdeveloped agricultural countries, the structural change may be initiated through reduction in proportion of population engaged in agriculture and thereby increase in the number of persons engaged in non-agricultural occupations. They use roads and vehicles available to them. People can live without education, but education helps people improve their knowledge and experiences. When a country have became famous, all of countries, automatically, will make good cooperation with it, and it will be one of the best country in the world. People simply cannot achieve dreams and goals without learning, leaving the country to be unable to develop any further. For example, the consumption of timber has triggered the deforestation of many regions of the world that raises the problem of the threat to the natural environment.