Education

• why is education crucial to economic development?

  it increases the value of human capital: producing a literate and skilled workforce
• where does education come from?


  schooling and continues during employment
• what does education give?

  better job, higher wages, material benefits and a better quality of life
• how many children aged 11-16 are in education?


  73%
• how many children worldwide are enrolled in primary education?


  97%
• what is the relationship between education and income?


  Positive,

  • low years in education = poorly educated and unskilled with low earning capacity so incomes are low
  • A higher income means that govornments have the taaxes to invest in education (investing in future human capital) which in turn increases future income
• Example of a country with high years of education

  Norway, in 2013 expected years in education was 17.6

  Their income per person is $70,000
• Example of a country with low years of education

  Niger, as of 2013, expected years of education is 5.4

  Their average income per person is $360
• what inequalities are in education for women?

  access to education for women

  • equality laws in modern democracies say that women have equal status and rights but in some developing countries women are restricted eg Afghanistan under the Taliban
• why is education inequal?


  due to poverty and gender inequality