Response Report 1

Learning programs play a crucial role in overall development of a person. Many accomplishments have also been made possible in different sectors because of efficient learning programs. The economic sector is one of the divisions that have been enhanced greatly by the programs. Economic empowerment means attainment of economic stability to a certain level by a country or an individual.

Due to high competition in different industrialization levels by states and markets, different educational programs have been designed to enable people acquire special skills in diverse fields (Lipset, 2005, p. 79). Different learning programs also aim at equipping people with essential skills needed for personal sustenance. Because of increased industrialized, there has been introduction of entrepreneurship studies in different educational training.

People have acquired specialized skills in effective management because of the programs, therefore, creating room for indulgence in economic and income generating activities. Economic empowerment has also been achieved based on personal initiatives into self-employment initiatives. What’s more, many learning programs are tailor made to employee trainee opportunities created at the end of a training program.

Placement in such opportunities has led to economic security amongst employed individuals. Besides trainees, people with specialized skills achieve economic empowerment via remuneration at the end of programs based on the fact that economic standing of a country is measured as per Gross Domestic Product. In the event where employment opportunities are increased, a state will be favorably ranked economically.

Therefore, economic programs contribute to economic empowerment of a state (Harris, 2001, p. 100).

With many sayings, the greatest investment a man can make is investing in education is one of the most popular across the globe. It is widely used in an effort to create interest and psyche for education and truly, education comes with not only economic benefits but also contributes to social development. To fully understand the nature of fruits of education, a clear understanding that education is good for national, global social advancement and personal growth perspectives must always be inculcated (Hauff, 2009, p. 300).

With advanced and competitive modern work and professional fields, sophistication in relevance to methods as well as tools of work has also been increased a notch higher. Therefore, it is a requirement that a person has the right skills and education for specific field of work to emerge as a competent person who can join the workforce. By doing so, it is possible to earn a good living and create employment for other people who really need the job. Its overall effect is also significant as it leads to increased standards of living.

Social setup of modern society in other words has been enhanced, in the sense that, the level of education as well as achievement plays a significant role in the positon of a person in this stratified ladder (MacPherson, 1996, p. 78). Additionally, net effect of educating individuals and ensuring high intellectual and academic thresholds is increase in level of skills in the workforce.

In the end, there is creation of more employment opportunities, workers get to apply policies that increase social development levels as well as people’s living standards to a desired level. Education generally is an entity that affects personal and state economic aspects and in turn, has a significant impact on social development issues of the state or that of an individual.

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References

Harris, J. M. (2001). Sustainable human and economic development. Washington: Island Press.

MacPherson, S. (1996). Economic and social development in south China. Cheltenham [u.a.: Elgar.

Lipset, S. M. (2005). Social structure & mobility in economic development. New Brunswick: Aldine Transaction.

Hauff, M. . (2009). Economic and social development in Burma/Myanmar: The relevance of reforms. Marburg: Metropolis.