subject
Business, 27.05.2021 17:40 kdndiamond9101

The Economist Intelligence Unit rankings of the world’s top education systems, which combine international test results and data such as graduation rates,

showed that two contrasting economies topped the league table: Finland

and South Korea. The report concluded that while the amount of spending on

education is important, it is less influential than an economy having a culture

that is supportive of learning. Education in Finland is 100 per cent state funded

and is rather unorthodox given that students don’t start schooling until 7

and rarely have tests or homework until their teenage years. In South Korea,

education is crucial for success, so there are huge pressures placed on students, who start school aged 3. Testing is regular and rigorous, making after-school private tuition classes extremely popular. According to the report, the top 10 countries were ranked as follows:

 

1. Finland

2. South Korea

3. Hong Kong

4. Japan

5. Singapore

6. UK

7. Netherlands

8. New Zealand

9. Switzerland

10. Canada

 

a. Explain how scarce resources are allocated in a mixed economy. [4]

b. Discuss whether education should be funded by the government. [8]​

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 16:00, wasscrackin
Jelly has joined drakes team drake sends kelly an email explaining details of the project that she will be working on which of these is good etiquette
Answers: 3
image
Business, 22.06.2019 14:30, SophieCasey
The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.
Answers: 2
image
Business, 22.06.2019 17:00, vistagallosky
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
image
Business, 22.06.2019 20:10, NorbxrtThaG
Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account
Answers: 3
You know the right answer?
The Economist Intelligence Unit rankings of the world’s top education systems, which combine intern...

Questions in other subjects:

Konu
French, 22.02.2022 14:00
Konu
Mathematics, 22.02.2022 14:00