Not all people considered going to school a basic life requirement. Only a few people who were enlightened went to schools to gain knowledge. Let us look at our grand parents and some uncles and aunts for example. There is none we can talk of as an educated person, those who afforded to go to school got minor education and surrendered in the long run. The schools were also not developed such that they only had limited resources therefore offered little knowledge. People relied on the indigenous knowledge which though was effective to some extend, could not be applied to solving all of the issues the society faced. The society was so backward such that new advancements tools were only owned by the educated in the society, simply because they were the only ones who could operate them.
Poverty for example, which is highly associated with lack of education, was part of the society whereby, to most people poverty was a norm. People only relied on the products of nature. Compare this scenario to the contemporary society where going to school is like a norm. Every individual in the present society is expected to have basic education. Some countries have even gone to the extent of providing free basic education to ensure every individual gets a chance of going to school. Laws have also been formulated to ensure people get educated.
The modern schools also have resources that ensure students get quality education. Look at the current advancements whereby each day comes with its own technological advancement. Today things that were rare such as media tools are a thing of the past. You only choose to be poor since I believe every individual has his own ability to make money.
For instance, according to the World Development report, knowledge is intangible, light and weightless. With this knowledge still, some people still living in poverty. This therefore means that knowledge is able to counter poverty,