ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Education can help tackle gender disparities in wages, poverty, reproductive autonomy and political power. It can dramatically improve the health outcomes for women and their children. The more educated mothers are, the healthier they and their children are.

Detailed explanation-2: -Schools can be places where the children of rich and poor families can become friends, and the barriers of inequality are broken down. They can challenge the rules that perpetuate economic inequality in broader society, and give young people the tools to go into the world and build more equitable societies.

Detailed explanation-3: -Education is arguably one of the primary factors that cause income inequality. Recent studies show that the earnings gap between workers with a Bachelor’s or more advanced degree and workers with a high school diploma has been widening.

Detailed explanation-4: -Increasing secondary schooling does reduce inequality by reducing the gap in access to school. However, as predicted by our model, among these older students, those from low-income families benefit less from a year of secondary schooling than do those from higher-income families.