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Formal Education
Non-formal Education
Informal Education
Formal Education
Formal Education is basically an
Institutional Activity
Uniform and subject oriented
Full time
Sequential
Leading to certificates degrees and diplomas.
Characteristics of Formal Education
It is flexible.
It is life, environment and learner centered.
It is diversified in content and method.
Characteristics of Non-formal Education
It is non-authoritarian.
It is built on learner participation.
It enhances human and environmental
potential.
Informal Education
The truly lifelong process whereby every
individual acquires attitude, values, skills and
knowledge from daily experience and the
educative inferences and resources in his or her
environment from family and neighbors, from
work and play, from the market place, the library
and the mass media.
Characteristics of Informal Education
Definition:
The movement towards the expansion of
economic and social ties between countries
through the spread of corporate institutions
and the capitalist philosophy that leads to the
shrinking of the world in economic terms.
Integration of Economies
The increasing reliance of
economies on each other
The opportunities to be able to
buy and sell in any country in the
world
The opportunities for labour and
capital to locate anywhere in the
world
The growth of global markets in
finance
Integration of Economies
Made possible by:
Technology
Communication networks
Internet access
Growth of economic cooperation – trading
blocs (EU, NAFTA, etc.)
Collapse of ‘communism’
Movement to free trade
Trade versus Aid?
Benefits of Trade:
Increased choice
Greater potential for
growth
Increase international
economies of scale
Greater employment
opportunities
Trade versus Aid?
Disadvantages
of trade:
Increase in gap between the rich
and the poor
Dominance of global trade by
the rich, northern hemisphere
countries
Lack of opportunities for the
poor to be able to have access
to markets
Exploitation of workers and
growers
The Knowledge Economy
Knowledge is considered the most
democratic source of power and can be
grasped equally by the poor and the rich.
So, to be powerful in the knowledge
economy, means the ability to control
sources of knowledge.
In the knowledge economy, growth
depends on the quantity, quality, and
accessibility of the information
available, rather than on the
conventional means of production.
The knowledge economy has
changed the conventional power
relations in all most every walk of
life.
In a knowledge economy everything –
individuals/households, firms and
nations get divided on the basis of their
ability to absorb, develop and apply and
create knowledge.
Conventional means of
production like land or capital
could be used only by one
person/firm at a time. But same
knowledge can be used by several
users simultaneously
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