An article to explain key terms used in the Insurance Industry and Insurance Business. Also, learn about various operational and performance metrics used in the insurance domain. Learn the definition and meaning of insurance industry terms like insured, insurer, claim, reinsurance, policy, and policy premium, etc.
Education in its general sense is a form of learning in which knowledge, skills, and habits of a group of people are transferred from one generation to the next through teaching, training, research, or simply through autodidacticism. This article takes you through the history of education and its development as an industry.
Nelson Mandela has said, “Education is the most powerful weapon which you can use to change the world.” The following article touches on some aspects that highlight the importance of education industry for human society.
Different governments and different standards classify levels of education differently. There is a difference in nomenclature that is in practice today. However, for the purpose of simplicity, all classifications can be mapped to the grid provided in this article. Given below are commonly used different levels in the education process.
The education industry is divided up into four sectors, which all have their own roles and functions. Each of the sectors caters to a growing demand for cutting-edge education products and services. Each category has distinct market segments, all of which are defined in this article below. For learners to understand the dynamics of the education industry, having a clear picture of the industry is crucial. This understanding will help in researching education companies, determining a career path, and even exploring potential employers.
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