Özet:

Education is one of the most important factors which determines economic, social and political development level of countries. The purpose of education is to produce information. In addition to providing special benefits to people, education has an important role in economic development of countries since it puts forward externalities from the point of social aspect. Poverty of skilled labor is overcome and scientific and technological innovations gain speed when training level of people goes up. As the result of labor productivity raises, level of national income increases rapidly and created income is distributed more fairly. The return speed of investment in education is higher than the return speed of investment in physical capital, because administration becomes more democratic, providing economic and political stability gets easier and criminal rates decrease in communities having a high level of education. In this study, it will be focused on why education and educational investments are economically important for countries and the role of education in economic development will be analyzed.   

Anahtar Kelimeler: