In most developed countries, the government plays a large role in society's investment in human capital through the education system.
What exactly is the educational system?
An education system includes everything involved in the education of public school students at the state, district, or community levels. The education system in general refers to public and private schooling from kindergarten to secondary school.
How is educaton system in our country?
The education system is mainly divided into pre-primary, primary, elementary and secondary education, which is followed by higher studies. However, there are many drawbacks and loopholes in this system which if curbed can work for the overall development of the country.
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Full Question: In most developed countries, the government plays a large role in society's investment in human capital through _________________________.
Direct spending
The education system
Tax incentives
Private sector R&D
