the issue of school choice or school vouchers
The issue of school choice or school vouchers. I want you to think about the possible use of market forces in the allocation of resources in education. These questions involve justifications for government intervention in the free market.
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Answer previewThree aspects that govern market forces; the consumers who determine items to be offered, the producers who identify the means of producing the items needed and the purchasing power of consumers which determines the consumers who can purchase the articles produced. This analogy denotes an interaction between free market forces as well as self-determined market forces. The existing market forces govern the allocation of resources. Free markets are characterized by private ownership of goods as well as competing interests between the producers and the consumers as both the buyer and the seller intend to profit.
In the education…
(400 words)