Education from an economic perspective (2)

Education from an economic perspective

The good exploitation of available natural resources and the rationalization of capital investment leading to the growth of society require a particularly skilled workforce with the capacity to learn science modern and technical developments, willingness to take risks, and accept risk by introducing advanced methods of production and investment together.

In addition, it is characterized by a willingness to grow and self-development by training in new methods of production, following its development, and constantly seeking to know everything about it. This group has become more important in its education than natural resources, and capital is critical to economic development, because more education will lead to an increase in national income, rising average per capita income, convergence of individual incomes, improved production, reduced consumption, development of savings habits, and increased investment.

In addition to the high level of knowledge in the formation of individual shaping trends towards reproduction, healthy and nutritional habits, and invers equality.

Developing countries suffer from weak production and rates, high costs, increased losses, low specifications, reliance on past experience or experience of some artisans, and distance from methods Science on increasing the volume of production, with the pressure of its costs, lack of awareness, the establishment of productive projects on individual initiatives, lack of collective spirit, in addition to the migration of efficiency to developed countries.

Dr. D. Abdullah Al-Sayyid Abdul Jawad in his book economic and Social Jobs of Education: Many have argued that education is one of the most fundamental variables in increasing production, solving the problem of poverty, and that development social and economic will not be achieved until the rate of education rises.

Education contributes to providing members of society with the knowledge that helps them to uncover natural resources and resources and turn them into outstanding national production.

In addition to the contribution of education in the detection of natural resources and resources, and work to transform them into a distinct production, education contributes to the preparation of workers who are able to work efficiently and are distributed in sectors. Productivity.

Many studies indicate that the benefits of education are numerous and visible, and most studies have shown that individuals with educational levels do better than others; and better than the less educated others.

Whatever the circumstances, educationally qualified employment gives income, production and social standing, and education seems to be linked to these dimensions.

Education clearly affects the speed at which an individual acquires productive knowledge, so if the individual spends time in education provided that he or she benefits from education in this period, the result is an increase in his or her production. By a steady amount, the higher the levels of education, the higher the level of education, the more he taught him to increase production by discovering new resources and wealth, and using more efficient means of production.

The role of education is not limited to preparing human capacities that contribute effectively to increasing production, increasing its quality, efficiently dealing with its technologies or accelerating the economic development of society by increasing its national income and raising the average income of its members, but its active role in increasing investment and rationalizing consumption.

This is one of the most important functions of education, because it relates to the population and its customs, tastes, attitudes and trends towards saving; production may increase, but this increase is swallowed up by the demand for goods produced, as in countries with rapidly growing populations, which are experiencing an increase in the depletion of their productive resources.

This applies to the role of education in increasing national income, as a state's national income may increase significantly because of education, while there is no significant improvement in the standard of living of individuals due to Population growth.

This job is more important at the moment because of the overcrowding of developing countries in their urban areas with the categories of workers who come from different areas of lifestyles and patterns Consumption.

Therefore, the importance of education lies in eliminating behavioral models that threaten overall development, working to instill and develop healthy consumption habits, and guiding individuals towards saving and investing a portion of their income. in new projects that benefit them, rather than spending on consumption, or in spending on consumer goods.