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Education in developing countries - Assignment Example

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Education in developing countries

This part of investment by any firm can defines any part of then organization labor ability and it is very essential for the productivity of any firm. To be noted is that not the whole world population is referred to as the working population but only that portion that is able, willing and working on agreed wage rate. In any developing country and economy work force is a necessity that is required to propel its growth. This makes human capital very essential as it is cheap and readily available in the developing countries (Becker, 1993). Q.2 Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher education programs. In this context, why should the development of a solid elementary education system take precedence over an expansion of the university system in developing countries? Developing countries need a solid base for elementary education because majority of the jobs are not technical. Industries are not well developed and casual works are the basis f their economy. Higher education though needed is for the few who are only needed to supervise the majority who only require elementally education and knowledge. ...Show more

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Business Assignment 4 Institution of Learning: Q.1 What is human capital and why is it crucial to expand human capital as part of the development process in developing countries? This is a measure of human value in the work place; it is the human employment in any firm…
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Education in developing countries essay example
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