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Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
Short-term effects may include fatigue and decreased immune response, while long-term effects may be emotional, physical, and psychological. [4] Given that such a large volume of students depend on subsidized meals provided through the NSLP, several individual school districts and state legislatures initially moved to respond accordingly to ...
According to American educational psychologist David Berliner, home and community environments have a stronger impact on school achievement than in-school factors, in part because students spend more time outside of school than in school. In addition, the out-of-school factors influencing academic performance differ significantly between ...
Illustration from a 1916 advertisement for a vocational school in the back of a US magazine. Education has been seen as a key to socioeconomic mobility, and the advertisement appealed to Americans' belief in the possibility of self-betterment as well as threatening the consequences of downward mobility in the great income inequality existing during the Industrial Revolution.
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 February 2025. Education in the United States of America National education budget (2023-24) Budget $222.1 billion (0.8% of GDP) Per student More than $11,000 (2005) General details Primary languages English System type Federal, state, local, private Literacy (2017 est.) Total 99% Male 99% Female 99% ...
The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents ...
The job loss during this continual volume growth is the result of multiple factors including increased productivity, trade, and secular economic trends. [334] In addition, growth in telecommunications, pharmaceuticals, aircraft, heavy machinery and other industries along with declines in low end, low skill industries such as clothing, toys, and ...
Daphne Greenwood and Richard Holt distinguish economic development from economic growth on the basis that economic development is a "broadly based and sustainable increase in the overall standard of living for individuals within a community", and measures of growth such as per capita income do not necessarily correlate with improvements in ...