EDUCATION AND ITS CONTRIBUTION TOWARDS GROWTH AND DEVELOPMENT OF AN ECONOMY

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Bornali Das

Abstract

Education is a process of teaching, training, or learning that is used to increase an individual’s abilities and knowledge. Similarly, employment is a work that must be completed in order to earn income. Education and employment plays an important role in growth and development of an economy. The objective of this paper is to examine the educational system and development in an economy. Two market factor demand and supply play a big role in determining how much education a person receives. This paper also helps us to know the contributions of education towards growth of an economy and examine the relationship between employment opportunities and educational demand. The study of this paper is completely descriptive in nature and information are collected from secondary sources such as books, journal, article, newspaper, internet etc.

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