THE IMPACT OF REGULATION ON ECONOMIC GROWTH IN DEVELOPING COUNTRIES: A CROSS-COUNTRY ANALYSIS 1 ABSTRACT The role of an effective regulatory regime in promoting economic growth and development has generated….
Role of education in a developed country
Ads not by this site About the role of education in a developed country. Over the years, mankind has recognized the need of maintaining an educated civilization as being part of the patterns and orders of evolution. It is fairly safe to say that without education there cannot be any progress on a social, moral as well as economic scale. Knowledge and culture are the basic elements to a thriving and prosperous society. From a social point of view, education is a matter of acquiring the ability to adapt to demanding situations.
Due to the continual change in modern means of living there has been an increased number of social issues needing to be dealt with. As a rule, the more articulate our need to prosper, the more detrimental we find ourselves to react to negative stimuli. Thus education supports us in developing the necessary mental capacity of overcoming such internal conflicts. For instance, a narrow-minded person has the tendency of reacting in a violent and self- deprecating way, while a broad-minded one will discover solutions to problems nstead of aggravating them.
From a moral point of view though, education still stands as a major influence on both the form and content of our society. Clearly, we develop a mutual understanding of the unspoken rules which are at the very essence of a nation. To cast some light on the issue of moral values, teachers instigate in their students the importance of education in relation to personality development. In effect, Ireland is a great model of a healthy educational system, thus being one of the ost highly regarded nations on behalf of teaching methods.
However, education does not only clear the path towards a brighter society, but it also enhances the opportunities and chances of citizens to find a stable working place. The unemployment rate is lower in developed countries than in illiterate ones such as the African villages. All of this being due to the higher level of knowledge. In other words, the more educated a nation, the higher the chances of important discoveries taking place.
Also, it has been proven that educated people have a lesser chance of contracting mental illnesses. To conclude, there is enough evidence to support the view that a country is more prosperous and thriving than other ones as long as the level of education among its population is above the average. As Horace Mann said “A human being is not attaining his full heights until he is educated. ”