The importance of History is immense. We can bifurcate its important aspects of this essay into the following paragraphs.
History as Chronicle of Facts: The modern historian prides himself on being a recorder of attested and verified facts. He dives into all ancient records and he studies these with a scientific mind and tries to convey to the reader the fact as it most probably was.
A Guide: History serves as a guide, an example and a warning. Out of the pages of history we may gather practical wisdom by applying the lessons of the past to the problems of the present. History confers on the young the wisdom of age without the burden of years. It is thus the pleasantest school for acquiring wisdom.
Practical Wisdom: Study of history equips us with wisdom in practical affairs. We can look deep into the past and certainly our vision becomes clearer, and our insight more penetrating.
Form practical Opinions: In a democratic age, when the duty of forming clear opinions on practical and social problems devolves on all of us, the study of history should be regarded as imperative. For the today is only a projection of the yesterdays, and a passage to the unborn future.
Trend of Events: Thus history gives us a truer understanding of the trend of events, and so makes us better citizens.