Question

What are the economic implications of the Hole-in-the-Wall experiments?

Answer 1

Hole in the wall experiment broadly challenges traditional way of schooling. It implies that with Minimal Invasive education students can learn from computers by themselves without need of formal training. Because it is curiosity of student which catalyzes learning.

This experiment if proven right and if adopted can have vaeious economic implications :

• This can increase country's budget expenses on education and development
• It can also create mass unemployment in education sector as this will evade teaching job opportunities
• It can also decrease government revenues on taxes in education sector
• In the long run, it can take away jobs or result in excessive labor mobility to other countries