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Does Better Education Necessarily Lead to a Better Standard of Living?

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“Education is the key to a greater society.” Education has become a necessity in our fast-paced globalizing society and is undoubtedly they key to a greater society. Therefore, in order to understand if better education leads to a better standard of living, we have to first note that a better standard of living means an improved condition of which people live by, indicated by factors such as increased literacy rates, mortality rates and –perhaps, a better education – referred to as better educational qualifications in the form of training, certification or knowledge. Hence, we see that education has become necessary in order to alleviate our living standards and the key to the progress of our society. However, this does not hold true for …show more content…

A better education has evidently paved the way for a greater working scope, opening the possibilities for greater job options and evidently, a higher pay. The ability for people to afford luxury good like cars and houses can be indeed attributed to the greater opportunity for a better education, thus showing that a better education has led to a better standard of living to some extent.
A better education does not only allow for the opportunity for a greater social standing such as better employment or a better financial standing but has also led to an increasingly competitive society which will not only help alleviate the standard of living on oneself but the whole society as well. In the United States of America (USA), the rise of better education has led to the US becoming one of the leaders in areas such as technology, leading the way in technological advancements. An example would be the likes of the technological giant, Apple. Apple has become the world’s leading technological giant with the invention of innovative technological devices such as the iPhone, iTouch, iPad and MacBook. The domination Apple has over its industry has led to the need for them to outsource over 80% of their products to low cost labour countries such as China and India; creating employment for those other

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