Social Development is Economic Development(1) / Kim Ami


1.     Summary

The fundamental goal of economic development is to improve welfare. First, for this to happen, investments in social programs and education must be made. This can be seen from a graph showing the proportionality of school enrollment and per capita growth. Public investment in health, nutrition and family planning can also complement and interact with each other in a way that brings economic benefits. The author says that investment in social development leads to higher income and economic growth, more education, and the health of the next generation.

2.     Interesting point

Interestingly, educated women tend to have healthy children. Also, healthy children will be able to attend school. Looking at this, I found that this cycle has a profound effect on the improvement of human welfare.

3.     Discuission

Why do you think education affects welfare improvement?

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