1. The Flores article is critical of the direction that the charter school movement has taken in recent years. One of the arguments against the "privatization of public education" is that education is a "public good." What is a public good? A public good is "nonexcludable," meaning that the benefits may be enjoyed by those who do not pay for it. A public good is a free good. A public good is a good that is funded by the government. A public good is a good that is consumed in public.
1. The Flores article is critical of the direction that the charter school movement has taken in recent years. One of the arguments against the "privatization of public education" is that education is a "public good." What is a public good? A public good is "nonexcludable," meaning that the benefits may be enjoyed by those who do not pay for it. A public good is a free good. A public good is a good that is funded by the government. A public good is a good that is consumed in public.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
Problem 1CQQ
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1. The Flores article is critical of the direction that the charter school movement has taken in recent years. One of the arguments against the "privatization of public education" is that education is a "public good." What is a public good?
A public good is "nonexcludable," meaning that the benefits may be enjoyed by those who do not pay for it.
A public good is a free good.
A public good is a good that is funded by the government.
A public good is a good that is consumed in public.
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