What is the role of education and training in the pursuit of economic prosperity?

Explanation:

A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking. ... In this sense, education is an investment in human capital, similar to an investment in better equipment

By economic function of education, we mean what education does for the

economy or the contributions of education to the economy or the contributions

of education to the economy. It also suggests the role of education in economic

growth. Economic functions of education is grouped under qualitative

dimension and quantitative dimensions. The quantitative dimension of the

economic function of education means that education is responsible for the

provision of the right quantum or the quantity of manpower/labour force/

workers for the economy.

Explanation: