Role Of Business In Economic Development Essay

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Education plays a major role in the economic development of any country, may it be developed or developing.

One of the major factors in developing this resource i.e. Therefore education is one of the most important factors that lead a country to sustained economic growth.

Education has therefore become a very important part of every government policy.

Employment Generation: Growing unemployment particularly educated unemployment is the problem of the nation.

The available employment opportunities can cater only 5 to 10 % of the unemployed.

It is cretin that the government should put all in efforts to provide primary education to everyone of age that needs it and then it can head off to the path of economic growth.

Also proved is that physical capital is also in important part of growth may it be in any form like infrastructure.

The study also shows that relying on domestic resources for finance is our best shot as external debt is also negatively related to growth.

The study focuses on coming up with long run economic growth oriented policies in order to sustain economic growth.

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