ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Education enhances people’s ____
A
Income
B
Efficiency and Productivity
C
Skills
D
All of above
Explanation: 

Detailed explanation-1: -Education helps you develop critical skills like decision-making, mental agility, problem-solving, and logical thinking. People face problems in their professional as well as personal lives. In such situations, their ability to make rational and informed decisions comes from how educated and self-aware they are.

Detailed explanation-2: -It improves your emotional intelligence. You become a better person – more like understanding, kind, self-sufficient, love yourself before anyone else, yet self-less. So, this is how education makes life better. It changes your perspective towards life.

Detailed explanation-3: -The aim of Education is the acquisition of knowledge, skills and attitudes. It helps to adjust properly in one’s own environment. Knowledge helps the man to overcome the nature and satisfy human wants. It links the teacher and taught with social situation.

Detailed explanation-4: -Education is very important for each and every individual because it shapes the society into a better place for everyone to live in. It does not only contribute to the growth of the society, but also strengthens national income, cultural richness and efficiency of governance. Option D is correct answer.

There is 1 question to complete.