The area of development I want to research is- Education and Economy
The type of country I want to compare is-NIC’s
My research question-How does the education effect the economy of the country?
Countries
India
China
The development indicators I will use are: Literacy Rate for Education and GDP for economy.
My first step is to find out about- The literacy rate and GDP for India.
Then I will need to: Analyze what the graph demonstrates.
My second step is to find out about – The literacy and GDP for China
Then I will need to: Analyze what the graph demonstrates.
As you can see education is important because only with education the economy of any country can grow. A direct influence of education is gain in knowledge and with that knowledge you can use in the job fields that you choose and by that the company grows which makes the market stronger so the economy becomes grows with all those effects. Education is important because it exposes you to so many things in life and opens your eyes about the world and the problems that there are.
As you can see in the graph of India the literacy rate of India is low so the economy is low the reason for that being there is lot of poverty in India so not many people can afford a good education but over the period of last 36 years the literacy rate in India had started increasing at a slow rate but in between lot of NGO and other organization started helping poor people and giving them an education, but in the last couple of years the literacy rate went up so that might be a main factor on why the economy has been growing immensely.
Whereas on the graph china shows a high literacy rate and high economy, in the past china had a rule where each married couple could only have one child, so all those children would naturally grow up and become doctors, engineers or industrialist. The government soon came to realize they had no skill labor. After a while some families started having one