Education has a great social importance especially in the modern, complex industrialized societies. Philosophers of all periods, beginning with ancient stages, devoted to it a great deal of attention. Education Trains in skills that are required by the economy.
Schools came into existence several thousand years ago in advanced horticultural and agricultural societies to prepare a select few for leadership and professional positions. Until the last century or so, no society could afford more than a handful of educated people. With the emergence of large-scale industrial and bureaucratic organizations, came a need for an abundant supply of literate and educated people. The school system became a primary vehicle by which a nation's citizens were taught the three Rs, and higher education became the custodian of the nation's intellectual capital. Education today is a crucial investment in the economy and major economic resources.
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