What is education? According to the Oxford Dictionary, education means development of character or mental powers; formative experience. Paul Tsongas, a democrat sees education as ¡°taking what is given and passing it on.¡± He also said that American government does not spend enough money to fully fund the educational program in America. Education is important to a country and it affects the economy. Support services, educational facilities and special projects are a needful extension of …showed first 75 words of 1359 total…

…showed last 75 words of 1359 total…rate of unemployment and inequality distribution of wealth may occur when there is insufficient and ineffective education is provided in the country. In the other hand, the economic growth of the country will be slow as well when there are insufficient educated people to solve the economic problems in the country. Education is beneficial in the economy although government spending is needed to provide better education since it brings better economic growth to the country.