Data Visualization

Blog of the Data Visualization & Communication Course at OSB-AUB

This is my favorite part about analytics: Taking boring flat data and bringing it to life through visualization” John Tukey

GDP & Education: An Overlooked Factor.

by | Nov 23, 2022 | Uncategorized | 0 comments

The gross domestic product ‘GDP’ is the total market value of goods and services produced by a country’s economy during a specific period, when it comes to calculating it, economists consider consumption, investment, government spending and net exports. But there’s a hidden factor that’s common yet overlooked, what is it?

Education is the most important and ironically overlooked factor when it comes to GDP, as Malcolm X describes it: “Education is the passport to the future, for tomorrow belongs to those who prepare for it today.”

Governments should acknowledge that spending more on education is a crucial and beneficial factor that affects all aspects of Life, it is the basic building block of a nation, the best investment to develop a healthy, prosperous and equitable society, therefore I firmly believe that governments should invest a higher proportion of money to improve the quality of education, which aligns with the sustainable development goal number 4 of the UN by 2030, and through this project, I proved that there’s a relationship between improving education and boosting GDP, to convince greedy politicians.

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