Education is the single most important factor in the development of a country. To what extent do you agree with the statement? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Education is the most important characteristic of a developed, and

therefore

wealthy, country. In

this

essay, I will support

this

statement through recent data that shows Countries with bigger investments in Education normally present a higher Gross Domestic Product (GDP) than other countries with low investment on Education. In general, the data show that constantly investing, not only on bigger salaries for teachers and new buildings, but

also

in increasing their

capacitation

as professionals through

Master´s

Suggestion

the Master´s

and Doctorate´s programs tend to have, in the long term, a connection with GDP growth.

Therefore

, countries

such

as Germany, Norway and Finland who continuously invested in Education over the

last

years are now producing and exporting

intelectual

of or associated with or requiring the use of the mind

intellectual

capital to the rest of the world.

On the other hand

, countries

such

as Brazil, Argentina and Colombia, which neglected Education investments and focused on commodities as main export product, are now struggling not only due to the variation in commodity prices, but

also

because of the high costs of production caused by the lack of professional education in their workforces.

In addition

, they

also

have difficult in the international market because nowadays, competitive advantage comes from technological innovation that they are not producing in the same velocity

such

as developed countries. In summary, due to the current need of not only producing a competitive advantage in the international market and because of the historical data analysis for countries who invested in Education as the key for continuous development I strongly believe that Education is the only factor needed for a country to grow.