Education is a process that involves the transfer of knowledge, habits and skills from

one generation to another through teaching, research and training. It can be in a

formal or informal setting. Formal education involves institutionalized learning

based on a curriculum. In todays society, education and learning play an

indispensable role in shaping the lives of individuals and the society at large. The

most effective way of boosting economic growth, reducing poverty and improving

peoples health is by investing in education.

Human labour is essential for economic growth. A highly educated labour force

further stimulates economic growth. Additionally, a highly educated labour force

can easily adapt to new working environments and conditions. In view of that, it is

evident that education serves as the driving force for innovation of new products and

services. Educated workers exchange ideas in the work place and come up with

new ideas that help in the growth of the economy.

Education reduces poverty in a number of ways. One way is by creating

employment opportunities for educated people. Through employment, one is able

to afford a decent living. Education helps to increase economic security, create

income opportunities and improve livelihoods of the economical disadvantaged by

providing sustainable environmental management mechanisms. Education further

alleviates poverty through skills acquired in the learning process. Skills such as

carpentry, plumbing and masonry are relevant in non-formal economies. One can

acquire these skills through technical and vocational training.

Educated people are health conscious and live longer than their counterparts

because they engage in healthy habits such as eating a balanced diet, exercising

regularly and going for medical check ups. By investing in education, one will also

be investing in their health. Education serves to create room for technological

advancements in the field of medicine and agriculture. Advanced technology used

for conducting surgery has replaced traditional methods. This has seen an

improvement in peoples general health and an increased life expectancy. Most

developing countries have a low life expectancy compared to developed countries.

This can be attributed to high illiteracy levels present in developing countries. This

translates to poor health and poor eating habits.

In conclusion, education is the only means of alleviating poverty, improving

peoples health and increasing economic growth. Improving literacy levels in

marginalised societies will go a long way in improving human living standards.