In low-income countries,the social rate of return generally is highest for investment in:
A) university education.
B) primary education.
C) vocational education.
D) adult education.

Question

Quizplus · Accepted Answer

In low-income countries, the social rate of return is generally highest for investment in primary education. This is because basic literacy and numeracy skills lay the foundation for further learning and skill development, which can significantly improve productivity and economic outcomes. Investing in primary education also tends to be more inclusive, benefiting a larger portion of the population and addressing educational disparities.

In Low-Income Countries,the Social Rate of Return Generally Is Highest