Even though the world is well in to the 21st centuary, it is still split into a developed and a developing nations. It is hard truth that as years gone by, GDP of rich countries is getting welthier, whereas, poor countries are going deep into an economic turmoil. In this essay, firstly, I will explain how low literacy rates as well lower level of higher eduction is a major reason for many 3rd would countries having economical backwordness. Secondly, I will expalin how easy eductaional well-being can lead to a revival of poor countries.