Question

What is the role of educational systems in a knowledge economy?

1. Educational systems help bridge skill gaps and ensure a supply of adequately trained human capital by responding to labor market demands.
2. They are primarily responsible for maintaining traditional industries rather than adapting to new economic demands.
3. Educational institutions in Kerala need to be transformed to enhance the skill levels of graduates entering the workforce and pursuing higher education.
4. The focus of education should remain solely on theoretical knowledge, disregarding practical skill development.

• A. All
• B. 3 only
• C. 1, 3
• D. 1, 4

Answer 1

Answer:

C. 1, 3

• Educational systems play a pivotal role in a knowledge economy by ensuring that the workforce possesses the necessary skills.

• They act as a bridge between learning and employment, adapting curricula to meet the evolving demands of the labor market.

• In regions like Kerala, transforming the education sector is vital to elevate the skills of individuals, making them more competitive in both the job market and higher academic pursuits.

• This transformation involves aligning educational outcomes with the needs of a knowledge-driven economy.