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Education spending
Assessing the Impact of Education Expenditure on Economic Growth
December 3, 2023
What role does education spending play in GDP growth?
Education spending contributes to GDP growth by enhancing human capital and workforce productivity. Investments in education, including schools, training programs, and research, improve labor skills, innovation, and overall economic output. A well-educated workforce often correlates with higher GDP growth rates and economic competitiveness.
Tags : Education Spending , GDP Growth , Human Capital