Which one of the following is TRUE?
A) Investments in secondary education produce gains in the form of economic growth.
B) Secondary education does not boost economic growth in developing nations, because so much of the workforce remains in agriculture.
C) New growth theory suggests that there is no connection between the level of education in a country and its rate of economic growth.
D) New growth theory suggests that education benefits only those people who receive it, and not the population as a whole.

Question

Quizplus · Accepted Answer

There is significant evidence that investing in secondary education leads to economic growth. This is supported by empirical studies and economic theories such as human capital theory, which argues that education increases the productivity and skills of workers, and endogenous growth theory, which emphasizes the role of knowledge and innovation in driving economic growth.

Which One of the Following Is TRUE