There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment.

Answer: Education opens new avenues of employment. It is beyond doubt that an educated person has better chances of landing a high paying job. Even if a person decides to become an entrepreneur, education level helps in doing a business in a better way. Throughout the world, education levels have risen over the years. This has resulted in participation of more people in the workforce. Rising number of women in the workforce can be a clear indicator of benefits which education can impart towards employability. In case of India, many sections of the society which were downtrodden and oppressed since ages have been able to improve their socio-economic status because of education. All these developments have helped in reducing the inequality between the rich and the poor.