social change and its effect on the educational system

Question 1

Change is __ in every aspect of society and is __.

Answer 1

always changing
inevitable

Question 2

The __ features of society are always changing
as a result of __

Answer 2

physical
economic development

Question 3

__and __and __have changed as a result of various social forces and events, observe that with the __and __ we expect more change to happen in the coming years. The future remains ___ due to these social change force.

Answer 3

Human relationships
interactions
cultures
influence of technology
advancements in science
unpredictable

Question 4

__ generally define social change as changes in __ and __that transform __and _transformation. These changes occur over time and often have __and __ on society. The __ identified six __that continue to share, shape, and influence our society.

Answer 4

Sociologists
human interactions
relationships
cultural
social
profound
long-time effects
Institutions 2023 Risk Index
megatrends

Question 5

Technological advancement is impacting
the finance industry as new challengers are emerging, and growing customer
expectations drive significant IT infrastructure investment.

Answer 5

Digitalization and technological advances

Question 7

The changing demographics geographical,
and behavioral profiles of customers are forcing financial institutions to deal with divergent
customer expectations, and new customer bases and workforces

Answer 7

Demographic and behavioral changes

Question 8

Talent capable of navigating a rapidly evolving financial
landscape will be required to respond to increasing regulatory pressures, a changing
approach to risk management, and the emergence of new markets.

Answer 8

Global talent and skills race.

Question 9

Regulation and the increasing cost of capital
exert pressure on business operating structures, driving segmentation and
disintermediation in the financial sector

Answer 9

Business Operating Model pressures

Question 10

-Regulatory pressures arising from the financial
crisis have increased the cost of capital, prompted large-scale divestment, reshaped
attitudes toward risk, and redrawn the boundary between retail and wholesale banking.

Answer 10

Regulatory changes and complexity

Question 11

Non-bank financial institutions,
fintech companies, and new investors bring fresh capital into the sector. At the same time,
banks meet capital requirements, manage stress tests, and spend on compliance
upgrades.

Answer 11

Change in Investment, capital sources and returns

Question 12

give 5 social changes

Answer 12

Industry-school partnerships must be developed
Alternative learning systems must be harnessed
Curriculum must be progressive and innovative
Classrooms must be equipped with technology.
New literacies and skills must be developed.