We are building EduLadder(ELADR) - Protocol

The Eladr Protocol is a decentralized, security and efficiency enhanced Web3 noSQL database powered by IPFS as the data storage layer https://ipfs.io/, and the Cardano block chain as the rewards token platform, https://cardano.org/. It provides a JSON based, IPFS layer 2 solution for data indexing and retrieval in an 'append only' file system built with open source Node.js API libraries.

The ELADR token was designed to incentivize and reward community members as a proof of contribution. Token holders are also granted access to EduLadder.com premium features as well as associated ELADR token enabled apps.


Real Problems! Real Experts!

Join Our Telegram Channel !

The Eduladder is a community of students, teachers, and programmers. We help you to solve your academic and programming questions fast.
In eduladder you can Ask,Answer,Listen,Earn and Download Questions and Question papers.
Watch related videos of your favorite subject.
Connect with students from different parts of the world.
Apply or Post Jobs, Courses ,Internships and Volunteering opportunity. For FREE
See Our team
Wondering how we keep quality?
Got unsolved questions? Ask Questions

Economics-CBSE-class-11-NCERT-solutions-->View question

Explain how investment in education stimulates economic growth. -Economics CBSE class 11 ncert

Book: Indian Economic Development
Chapter 5: Human Capital Formation in India
(NCERT textbook questions)

Asked On2017-07-14 10:06:43 by:Aparna-Dasgupta

Taged users:

Be first to like this question

Be first to dislike this question
Talk about this  Like  Dislike
View all questions
Expenditure on education enables one to make better choices in life and provides knowledge to understand the changes taking place in society to stimulate innovation. Investment in education stimulates economic growth in the following ways: 
Development of skills: Education plays an important role in improving skills which are required to enhance the productivity level. It helps develop skills and impart training to increase production. It facilitates the use of innovative ideas and ability to adapt to changes in science and technology. Thus, the use of skilled workers in production paved the way towards sustainable economic development.
Increase in productivity: Physical capital such as buildings, equipment and machinery is important for increasing the quality and quantity of production. However, using these resources effectively is more important for the rise in productivity and capital value. Human resource plays the most crucial role and without which it is not possible to innovate, use and upgrade physical capital for economic development. Educational investment provides higher quality of human resources to increase the level of production.
Development in mental ability: Decision-making ability and mental abilities of an individual are developed through continuous investment in education. It develops the ability to make right choices of the available resources in the economy. This leads to efficient use of resources resulting in higher productivity. Thus, education prepares individuals as human resources for a nation.
Modernisation: The education system focuses on increasing productivity of human resources with technical progress at all levels of work. It increases the receptivity of people to modern and scientific ideas. Since independence, the number of technical and professional educational institutions increased to a great extent. Thus, the use of advanced technology in the production process becomes easier with suitable educational system.
Increase in the standard of living: Higher expenditure on education increases the efficiency of the labour productivity as they become skilled in their jobs. An educated person possesses higher productivity and efficiency and therefore has a relatively higher income earning capacity. The higher income and greater access to modern techniques with rise in the education level raises the standard of living and quality of life in the nation. 
Increase in participation rate and equality: An individual with the capacity to obtain knowledge and specialised skills provides higher employment opportunities. This enhances the productive efficiency and the rate of participation of workers in economic, social and political activities. This high rate of participation implies the high degree of economic and social equality in a nation. 

Answerd on:2017-07-17 Answerd By:milan-ransingh

Be first to like this answer

Be first to dislike this answer
Talk about this  Like  Dislike

Type your answer here in no less than 50 words :

Lets together make the web is a better place

We made eduladder by keeping the ideology of building a supermarket of all the educational material available under one roof. We are doing it with the help of individual contributors like you, interns and employees. So the resources you are looking for can be easily available and accessible also with the freedom of remix reuse and reshare our content under the terms of creative commons license with attribution required close.

You can also contribute to our vision of "Helping student to pass any exams" with these.
Answer a question: You can answer the questions not yet answered in eduladder.How to answer a question
Career: Work or do your internship with us.Work with us
Create a video: You can teach anything and everything each video should be less than five minutes should cover the idea less than five min.How to upload a video on eduladder