China 16 Hours

The economy will grow if the necessity of getting a higher education is reinforced. Education is the foundation of a country’s economic growth and the key to rid a nation of poverty. To illustrate, Japan is a country with no resources, but since it has a good educational system; Japan has the second richest economy worldwide. On the other hand, Nigeria is a country that is rich in resources, but low in education; as a result, the majority of people there are poor. A higher education creates a quality workforce,; besides it will promote economic stability by growing and training students for success. Such training will capacitate hard working people, which will do well to The United States economy. The government should invest more of its money on helping those students that cannot afford college. It will capacitate people who will

Although often taken for granted, education is a privilege the U.S. offers to aid in achieving the “American Dream”, in which some define as opportunity and success. The U.S. proves being the “greatest country in the world” by leading other countries in military strength, political strength, plentiful resources and a powerful economy. In order to maintain a mighty military, the “Department of Defense deploys 1.8 million soldiers in active duty and owns 29,819,492 acres of land worldwide.” (military.com/military-trivia-facts.html) Economically, the U.S leads the United Nations in Gross Domestic Product (GDP) with an annual production of $16,768.1

Education is the foundation of a strong and productive individual as well as being the foundation for a strong and productive country. Any country that keeps its' people uneducated or does not help to educate them cannot hold them entirely responsible for their actions that result from their lack of education. The United States and Japan both feel very strongly about education and that they need to have well educated people. Both of these countries have educational systems that are similar in some ways and yet very different in other ways. Both the similarities and the differences of these two systems give light to how each of these countries go about educating its' people and how much each of these countries

Education is one of the most important assets a country can offer in terms of the future. Education is what drives technical advances and helps form the general structure of the country. As the United States’ monetary deficit grows, one may forget about the pending problems in education. These problems in education may led to the downfall of the once great global powerhouse the United States once was.

Thereby affecting those who are capable and those with the advanced skills from attaining a more suitable education. This could potentially help fill in the jobs that are lacking skilled workers. It can also help America’s economy from further expanding. Nowadays, jobs are knowledge-based or require advanced technical skills. So the better educational opportunities students have, they will be more Eligible to join the workforce. Eventually the work forces will become successful and the economy of America will expand. When the cost for attending a college or university is expensive, a lot of students will prefer to take the easier and more affordable route. This means that they will choose not to pursue a higher education, leaving many ill- equipped and unsuitable to find good

The way that China has continually, even in the middle of criticism and a financial recession, improved itself is a remarkable feat. In the article it mentions how “China is changing from a

“It is, then, all the odder that major figures concerned with education, in both nations, continue to behave as if the goal of education were economic growth alone.” Pg. 17

There are a limited amount of students that are admitted into the best high schools which provides them a better opportunity to get into a university. Student have to take college entrance exams to be able to get into universities. Students and their families put great emphasis on the student’s education often resulting in great stress for the student. Depending on the region, children go to school five to six days a week. After school, students spend hours on homework each night; usually two hours for primary students, four hours for middle school students, and four or five hours for high school students (“China”).

The Chinese government set up a wide system of primary schools. For the first time in all of China’s history the majority of the population received a complete basic education. Even though the government’s “Great Leap Forward” program didn’t put

the lowest levels of education have the highest rates of unemployment. So a stronger appliance of the educational system can steer society towards positive growth, centered around a successfully working unit that can produce better workers and create greater welfare. On the other hand, these workers will also create a more productive society that will eventually cause GDP per capita levels to increase, as well as economic expansion and the international status of the country in general. Education can very well create highly skilled workers, but that doesn’t eliminate the fact that the quantity of working positions

Since education is one of the most important weapons in today’s world, spending a large amount of money in education is not just boost the economy but also a great investment of the government to make America keep on growing. The future of our country is depending on how well our educational system prepares students to deal with the world. It’s also true that there are a lot of people move to the U.S. for a better education and also a lot of families had decided to send their kids over here for the purpose of education. With more internal students come in, the U.S. also can make money from it as

It is commonly accepted in theory and in empirical results, that in general, a higher level of education will yield a higher wage (Acemoglu and Autor 2011). In recent years there are studies to suggest that the importance of education has increased (Atkinson 2008). Goldin and Katz (2007) found that the economic returns of completing high school today appear substantial and the economic benefits to college and post-college schooling are at historically high levels. Additionally, the wages of US individuals that have a postgraduate degree have increased significantly since 1979. Although a number of studies points towards education in itself not being relevant to the wage level but that education acts as a signal of ability to employers (Jeager and Page 1996).

Nelson Mandela once said, “Education is the most powerful weapon which you can use to change the world”. Education can be defined as an enlightening experience. Having an education in the United States is very important because it allows Americans to have more opportunities and benefits. According to The Best Schools, the United States has over half of the world’s hundred best universities (Par. 5). Although, the U.S is ranking to have one of the best universities in the world, it also has millions who are struggling with high college debt and no degree, which can affect the economy in America. The American Institute For Research stated that the Obama Administration and the nation’s governors are seeking to encourage more students to earn

Educational attainment in middle income countries is restrictive, for most citizens education beyond primary school is beyond their grasp. Although it is well established that one of the strongest predictors for a country’s economic growth is the education level of its population many middle income countries simply can not afford to make the necessary changes to their respective countries education systems. Education reform would require a monstrous amount of funding, with issues like infrastructure improvement, and financial market instability on these countries policy agendas, education reform isn’t the focus. (de Haan, 1996)

College education also has a good effect on the economic growth of a country. College students after graduating get employed by companies when Employees get higher wages and more productivity is going on in a country, it is an indication that a country’s economy is good. “A study by Federal Reserve economists examined the factors contributing to greater state prosperity over a 65-year period and found that a state’s college attainment rates were important factors in explaining its per capita income growth relative to other states between 1939 and 2004”( www.epi.org). This shows that if people go to college and after graduating get a job, they will probably work for a company and will become productive for the country’s economy. “A country 's economy becomes more productive as the proportion of educated workers increases, since educated workers are able to more efficiently carry out tasks that require literacy and critical thinking” (ww.investopedia.com). It is very important for every country to emphasis on college education because it helps a country grow faster. Also, educated people have more productive mind than uneducated people. Less educated people are being denied by companies. (www.net.educause.edu) This shows that companies with higher demands do not hire less educated people and this is a negative point for a country’s economy. Moreover, in the year 2014 4.3 percent of college graduates have increased compared to 2010 (www.nscresearchcenter.org). In year 2014,