Education Stimulates Innovation
Education contributes to economic growth by:
- Only increasing wages
- Stimulating innovations and creating ability to absorb new technologies — Correct Answer
- Only providing government jobs
- Reducing population
Explanation:
Correct Answer Explanation
Education stimulates innovations and creates ability to absorb new technologies.
Key Points:
- Provides knowledge to understand changes in society and scientific advancements.
- Facilitates inventions and innovations.
- Educated labour force facilitates adaptation to new technologies.
📚 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.
