(i) Education is a must in the development of the country. We all know by that human capital and knowledge is valuable in bringing new ideas to an economy and retaining that knowledge to further increase economic development. I believe a parent’s greatest investment is the education they give their kids. If the kids get properly raised and educated, they not only help themselves, but also lift their parents out of poverty and help the wider society. For example, a family that migrates to a city from a rural village will most likely push their kids to get a good education. The mother and father will be most likely working in a factory or doing some other miniscule job that requires little knowledge. The child will go to school. The parents will pay for their college in the hopes they will become successful. The children will then help their parents with paying the household expenses. The time and money the parents put on their kids is basically an investment that they will get a high return later in life. Not to mention, the bragging rights the parents have since their child is educated. (ii) Education plays a huge role in the development of LDC economies. For example, at the prestiges school in India, the students were able to land in high paying jobs in the United States and many of them even started their own companies. This is a negative and positive outcome for the society in India because there is a brain drain of knowledge of educated individuals leaving India, but they also send remittances back home in the form of money,