Education Benefits Beyond Earning

Question

Education is sought not only for higher earning capacity but also for:

Select an answer

Education is sought not only for higher earning capacity but also for:

  1. Only social standing
  2. Better social standing, better choices in life, understanding societal changes, and stimulating innovations — Correct Answer
  3. Only entertainment purposes
  4. Only government jobs
Explanation:
Correct Answer Explanation

Education also provides: better social standing and pride; better choices in life; knowledge to understand societal changes; stimulation of innovations.

Key Points:
  • Availability of educated labour force facilitates adaptation of new technologies.
  • Economists stress expanding educational opportunities to accelerate development.

📚 About this Topic — CH-4: HUMAN CAPITAL FORMATION IN INDIA

This multiple choice question is from CH-4: HUMAN CAPITAL FORMATION IN INDIA, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-4: HUMAN CAPITAL FORMATION IN INDIA to strengthen your preparation.

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