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Those who get an education have higher incomes, have more opportunities in their lives, and tend to be healthier. Societies benefit as well. Societies with high rates of education completion have lower crime, better overall health, and civic involvement. Lack of access to education is considered the root of poverty.
Education leads to economic prosperity in the global marketplace. One of the most important effects education has on society is giving the people who live in a society the skills they need to compete in the global marketplace, and the skills they need to produce technological goods that can be sold on the open market.