The difference between individual demand schedule and market demand schedule are:
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Like any other human activity, education should have its own aims and objectives. Since education changes according to the changing needs and conditions of the society, the aims of education also vary from time to time in the same society and from society to society at a particular point of time.
It goes without saying that abilities of individuals should be developed to the maximum and adequate freedoms as well as facilities are to be provided by the society for the purpose. It is to be realized that social progress is possible only through the development of individuals.
Aims give direction to activities. Aims of education are formulated keeping in view the needs of situation. Human nature is multisided with multiple needs, which are related to life. Educational aims are correlated to ideals of life.
Education is essential for every society and individual. It is life itself but not a preparation for life. Man has various qualities. These qualities of the individual should be developed for the improvement of the country.
A healthy individual is the one who has the following characteristics: 1. Freedom from sickness and disease. 2. Freedom from unnecessary anxiety. 3. Freedom from social and psychological tensions. 4. Cheerfulness.