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considering the current state of our society do you think science literacy among people has contributed the growth of our economy?​

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Considering the current state of our society, Do you think science literacy among people has contributed to the growth of our economy?

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Thomas Vato

Answered October 4, 2020

The short answer is yes - it contributed to the growth of the economy. Unless you are flat-earther - then science is useless.

You can think about scientific literacy as the engine for the technological progress you see around. Science literacy is highly adaptable - this is why you find so many technological and engineering feats around the world.

Scientific literacy gives people the ability to not accept the world as it is but look for situations how to make it a better place. For example, scientific research, medicine, safer and more efficient transportation, prosthetic limbs, pharmaceuticals,

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Eskild Rasmussen

Answered 2 years ago

Considering the current state of our society, do you think science literacy among people has contributed to the growth of our economy?

By “science literacy” I assume you mean that people get smarter thanks to more education. For example, as more people learn about Information Technology, more small and medium-seized businesses appear with new products, which contribute to the economical growth.

I don’t have the statistical data to answer such a question - you’d probably have to ask an economist or a statistician, if you want an exact and scientific answer to that question.

But you ask “do you think?”, so I feel it’s OK to say what I think: Yes, it is my impression that increased education stimulates economic growth, and I see many examples of that in TV news, where they often show new inventions created by young people.

The biggest hindrance for economic growth is in my opinion tax cuts for the rich. It causes the gap between rich and poor to increase and hence blocks for consumerism. Phrased in another way: If the middle class disappears or is impoverished, it cannot afford to buy the many new products created by smart young people, and as a result the economy stagnates.

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