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Question 1

In budget 2021, 15.6% of the government total expenditure or RM50.4 billion was allocated for the development of education. This shows that education is one of the important sector in Malaysia. Discuss five (5) importance of education and human capital development to the Malaysian economy.

Question 2

Industrial Revolution 4.0 is referred to as Smart Factory or Smart Manufacturing, in which improve the way of producing goods with the use of cyber physical systems. However, there are some barriers in adopting this revolution in Malaysia economy. Discuss five (5) challenges in adopting Industrial Revolution 4.0