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market and policy class In the United States, government spending on jails and prisons has greatly increased, while spending for early childhood, primary, and secondary
market and policy class
In the United States, government spending on jails and prisons has greatly increased, while spending for early childhood, primary, and secondary education has decreased or remained flat. Applying economic principles (marginal principle, cost- benefit principle, opportunity cost principle, and interdependence principle), and the information contained in the Council of Economic Advisors Report, should we increase our investment in P-12 education (preschool/pre-k-12th grade)? If so, what would be the best use of this investment? Finally, in your opinion, why have states and localities increased spending on corrections rather than invest this money in education programs Step by Step Solution
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