Education is the Best Investment
In the era of 21st century, Education is believed to be a major parameter contributing
towards nation building. It plays an important role in developing an individual as well
as a nation. And it is considered that education has long lasting and multifaceted
ways of contributing towards the sustainable development of society. Therefore
education is one of the key components through which we become individuals that
act and connect on the premise of a typical society and one of the key makers of
cultural. Education leads us the platform where we learn to shape our socio
economic character. And investment implies the act of spending on some capital. In
this sense , investment in education means investment in human capital. From the
very beginning it is believed education is a basic tool for economic development. It
empowers nation. Therefore in the times of kings they funded money on education
and gave salaries to Gurus because if there is education, there will be a nation.
Directly or indirectly education is a best investment. Education is considered to be an
economic goods and students and learners are considered the consumer of
education while government, is a major producer of education. Demand for
education and quality education increasing day by day and many private and public
investment policies came into act . They established new building and create a
suitable environment for education. For acquiring this type of education environment
they are investing money more and more on education and surprisingly they are
benefitted by the returns. In India there are lots of education company they became
the unicorn company like Physics Wallah, Byju's, Unacademy etc . And the returns in
all levels of education in the countries reviewed are well above. Hence Education is
the best investment in present and future.
During the covid 19 pandemic the investment on education has increased than the
previous years . Using ICT on education is a major opportunity to get more return
from the investment because we know that ICT makes the education more flexible and
interesting. So to include this on education we must invest money more and more
and the returns will be more . Many young people are encouraged to invest money on
education because the human capital is a source of income and the awareness of
education is spreading throughout the world day by day so if a person invest on
education it will gill him a better returns. According to UNESCO the globalization of
education transformed the while investment. There are lots of education comparative
they started their company on the various parts of the world and creates a investment
market. Modernization, updating education facilities and making a capital investment
in education are all included. Investment in education technology and investment in
human capital go together. So it is double benefits of a country. Many professionals
take up MBA programmes to understand the investment basics and improve their
career prospects. In India many educationalist they achieve their MBA degree side by
side .
I addressed the key role of education and investment on education- the key
component to ensure long term authentic human development. The key principle that
should govern the private or public investment policies in modern orders, ought to be
the one to empower and support the investment in human and social capital.
Therefore Benjamin Franklin once said " an investment in education gives the best
returns ".
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