How are education and training related to economic planning? Education and training are essential for economic growth. However, it is not enough to train people for specific jobs. Economic development also requires them to apply their learning and their training in all areas of the economy-allowing them to rise to positions of responsibility and power in the society and world.
This is how education and training fit into the development process: Policy makers create laws that support or prevent certain activities from being conducted. They make decisions about the allocation of resources-allocating them to achieve particular goals. They create public policies and determine which industries should be developed and how. They also decide about what kind of laws and rules will be in place to protect and facilitate particular kinds of enterprises, to prevent individuals from taking advantage of the state or other individuals, and to promote various kinds of economic activity. All these, according to economists, are processes by which individuals and enterprises cooperate to achieve specific purposes and objectives.
All this, according to the most advanced theories: On how our education and training part of economic planning are an interaction of individuals who have different objectives and values. These objectives and values will vary from one individual to another, as they interact with each other and with the larger society. In this way, economic planning assumes that each person has a social vision and a subjective idea of how he or she can contribute to the achievement of certain aims and values.
It is not enough that a person gets an education and that he has the capacity to learn: He or she should also understand how to use that knowledge and to contribute to the understanding of how our education and training part of economic planning. This helps them in aligning their actions, their dreams, and their objectives with those of the society. This helps them build the required infrastructure and to create the economic resources that are required for achieving those dreams and objectives.
However, achieving those dreams and objectives: May sometimes turn out to be challenging. As a result, people should get the education and training they need. That is why, if you are wondering how our education and training part of economic planning, you should first make sure that you get the education and training you need. That way, you will know what it takes to contribute to the development of the society and the country.
Getting the right education and training will help you achieve your goals. And that is one reason why education and training are always a part of economic planning. So, go ahead, get the right education and training!