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Education - in every sense - is one of the fundamental factors of development. It provides afoundation for the economic and social wellbeing. Time spent in education is the key toincreasing economic efficiency and social consistency. Of all the resources, time is the mostvalued and it can be used most effectively.No country can achieve sustainable economic development without substantial investment inhuman capital. Education improves the quality of people’s lives and leads to broad socialbenefits to individuals and society.According to Gary S. Becker theory of time allocation, in this paper it is investigated some of theaspects concerning the relation between social and economical increasing and investments inhuman capital trough the role of time spent by Romanian people in education, training and othereducational activities. Data used in this paper are generally provided by the time use survey.

Time Spent for Education – A Key Resource in the Social and Economic Development