Education Can Really Help - Essay writing service review

Prior to terrorism and other conflicts that are frequently discussed, poverty poses the greatest threat to global peace and stability currently.More than eight million people worldwide die each year because they are too poor to survive, according to Sachs (2009).
Introduction Prior to terrorism and other widely discussed conflicts, poverty is the world’s greatest threat to peace and stability today.More than eight million people worldwide die each year because they are too poor to survive, according to Sachs (2009).The global commitment to guarantee the standard of living for all people is expressed in the Millennium Development Agenda, which aims to cut poverty by half by 2015.In every way, education is one of the most important aspects of investing in human capital to achieve sustainable economic development.Entrepreneurship and technological advancement are bolstered by education’s positive effects on self-understanding, life satisfaction, productivity, and creativity.In addition, it plays a crucial role in ensuring social and economic progress, enhancing income distribution, and alleviating poverty.The purpose of this article is to put education’s role in reducing poverty into context.
The importance of education Poverty is inversely related to education.Because education imparts knowledge and skills that contribute to higher wages, the number of poor people decreases with population level of education.An increase in wages or income is one way that education directly reduces poverty.In relation to “human poverty,” the indirect effect of education on poverty is significant because, without it, there would undoubtedly be a decrease in human poverty because it makes it easier to meet basic needs and raises living standards.Human capital is viewed as a weapon against poverty reduction in the Poverty Reduction Strategy Paper (PRSP) and the Millennium Development Goals (MDGs).Because of this, there has been a lot of attention paid in recent years to the idea that education is a factor in poverty.
The human capital that makes people productive and raises their standard of living is made up of their health and education.Physical and natural capital, technology, and skills cannot be used effectively without human capital.
Education Can Aid in the Elimination of Poverty Poverty is a Barrier to Economic Growth.One of the primary objectives of development economics is the attainment of education, which is also a driving force behind such development.Investments in education are essential to many aid and development programs (Todaro, 2011).A lot of this investment is driven by the idea of equal opportunities.The individual acquires the knowledge necessary to overcome such disparities through education.An individual’s productivity and contribution to the workforce increase when they have an education.Education investments improve the skills and productivity of low-income households.The level of income and the standard of living as a whole (human development) rise.Second, being poor is another major obstacle to academic success.There are three ways that poverty affects educational performance.Additionally, some harmful social norms and so-called religious doctrines severely restrict the education of girls.Therefore, a person’s low earning capacity is caused by a lack of education, and poverty persists even in subsequent generations of that household.The World Bank’s Poverty Reduction Strategy Papers (PRSPs) and the United Nations Millennium Development Goals (MDGs) both emphasize primary education for girls.
The direct and linear relationship that exists between income and education is yet another notable aspect of the significant role that education plays in reducing poverty.An additional year of schooling is associated with a 7.3% increase in a worker’s monthly income in Pakistan.When compared to those with no education, those with ten years of education will earn 37% more.
Income poverty and human poverty appear to coexist.For instance, some smallholder households are able to earn a reasonable living until they fall ill and become vulnerable due to poor roads, long distances, inaccessible health care, or a lack of local services.Others place a high priority on coping with the anticipated loss of farm income caused by drought or flooding and looking for new crops to plant or additional means of subsistence.
The foundation for eradicating poverty and fostering economic growth is established through education.It forms the basis for a significant portion of the economic and social well-being of citizens.Education is essential for boosting economic efficiency and social coherence, boosting workforce value and productivity, and lifting the poor out of poverty.
Family and education:The family is the foundation of a prosperous society and economy.Although families have evolved over time, they continue to play a significant role in the modern economy.We must return to the family in order to comprehend human capital because families that care about their children strive to promote their children’s education and values through all available means.In any free society, as well as in less free societies, families are the primary advocates of values.
In conclusion, economic growth and poverty reduction require education.Economic development is impossible without education.Not only does a well-balanced education system help the economy grow, but it also increases productivity, which raises individual per capita income.At the smallest level, it has a remarkable impact on each family that makes up the nation.As a result, we all need to put money into education because it can help end poverty.