Investment In Education as a Means of Economic Development

Authors

  • M.O Yusuf Michael Otedola College of Primary Education, Noforija- Epe, Lagos State, Nigeria
  • Oyewole Oluwaseun Michael Otedola College of Primary Education, Noforija- Epe, Lagos State, Nigeria

Abstract

The paper examines investment in education as a means of economic development. Investment in
education is the way by which human capital can be nurtured towards the achievement of global
millennium development goals. It is only when a country increases the quantity and quality of human
capital availability in a given economy that there can be more hands on deck to bring the country to a
desirable economic development. The main vehicle to economic development is investment in education. .
Chi-square tested at 5% level of significance was the statistical tools or technique employed in testing the
hypotheses formulated and all the null hypotheses formulated were rejected. It was therefore concluded
that investment in education is a means to economic development.

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Published

2012-12-01

Issue

Vol. 3 No. 16 (2012): December 2012 - Special Issue

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

Investment In Education as a Means of Economic Development. (2012). Mediterranean Journal of Social Sciences, 3(16), 86. https://www.richtmann.org/journal/index.php/mjss/article/view/11544