Cost of Illiteracy-UNITE AGAINST IT
About 800 million people across the world lack the basic reading and writing skills needed to accomplish simple tasks such as reading a medicine label or filling out a job application , costing the global economy more than $1.19 trillion a year, according to a new report, 'Economic and Social Cost of Illiteracy' released at the World Literacy Summit at Oxford in association with Pearson. The summit aimed to put in place a sustainable action plan to deal with the problem of illiteracy.
The report looks at the cost of illiteracy in emerging and developing countries, as well as the cost of functional illiteracy in the developed world. It reveals that globally, over one in five people can't read or write and more than 100 million children don't go to school each day. The report explores both the economic and the social costs of illiteracy.
Very true and right!
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