Academic Research on the Importance and Place of Education in Economic Growth and Development Plans in Turkey

One school of thought contends that the phrases "economic growth" and "development" may be used interchangeably without loss of meaning. In spite of the fact that these two concepts are sometimes confused with one another, economic growth and development are both essential to the broader process of raising a society's quality of life (Unay, 1982). When we talk about "economic growth," we're referring to a gain in production capacity as well as actual output, and as a result, the quantity of national revenue (Dinler, 2005). On the other hand, development refers to a change in both thought and mentality as well as in the socioeconomic structures of a society; it also includes an increase in investment, the development of modern technologies, an increase in productivity, an increase in real income, and an increase in the level of education (Ozgüven, 1988). The expansion of persons with higher levels of education is another part of development. According to McMahon (1999), education is one of the most essential contributions to the efficient functioning of economies and the broad adoption of the most recent technology because of the critical externalities that it delivers. In a society in which the majority of the population has achieved high levels of education, democratic institutions are in a better position to operate effectively and so have a greater chance of succeeding. When there is an elevated level of educational achievement in a culture, there is also a similarly low level of the frequency of violent and property crimes.