ECONOMIC AND SOCIAL POTENTIAL OF EDUCATION

Abstract

The article talks about the social and economic potential of education. Along with society, education is also in its evolutionary stage. Modern education changes its main purpose, it becomes a universal means of cultural changes. Therefore, in the modern world, the importance of education as the most important factor in the formation of not only culture, but also the quality of society as a whole is increasing. The main purpose of this paper is to show the role of education in economic development and the impact of education on labor productivity, poverty, trade, technology, health, income distribution and family structure. Therefore, in the modern world, the importance of education as the most important factor in the formation of not only culture, but also the new quality of society as a whole is increasing. The change in the value of modern education fundamentally changes the view of educational activity and leads to changes in the modern education system.