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Chapter 7: Q 28. (page 187)

Why is investing in girls鈥� education beneficial for growth?

Short Answer

Expert verified

Educating women improves the health and education of their families.

Step by step solution

01

Step 1. Importance of education

In economic sense, education is a public good that provides positive externality. Education helps in humna capital formation which further improves productivity.

02

Step 2. Benefit of education for girls

A highly educated population is more productive, which means they can produce, earn, and consume more, all of which are beneficial to growth. There's no reason to believe that men have more brains than women, therefore a country that doesn't educate women is missing out on half of its population's intelligence.

Furthermore, there is some evidence that educating women improves the health and education of their families.

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