In general, education provides both private benefits to those who receive it and broader social benefits for the economy as a whole.

• Based on Chapters 12 and 13, would you say that education is an example of a positive externality? Include one reason and one example to support your response.
• Think about the positive effect(s) of technology in business and suggest a set of parallel policies that address the positive externalities in education. Include one example that supports your explanation to the question.
• Discuss one way the government encourages innovation in the private sector that could improve the U.S. labor market. Include at least one reference from The Economist or the New York Times to support your explanation in your response.

https://openstax.org/books/principles-economics-2e/pages/12-introduction-to-environmental-protection-and-negative-externalities

https://openstax.org/books/principles-economics-2e/pages/13-introduction-to-positive-externalities-and-public-goods

Please provide references and explanations for the questions.