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The Text Suggests That the Idea of Education as a Formal

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Essay

The text suggests that the idea of education as a formal institution is being replaced by the notion of lifelong learning.How does this fit with the traditional humanistic ideals of education? How will you personally be affected by these developments?


Definitions:

Values

Values are the principles or standards of behavior that are considered important in life or in a particular decision-making process.

Transaction

An economic event that involves the transfer of goods, services, or funds between two or more parties.

Incentives

Motivations or stimuli that influence the behavior of individuals or organizations, often aimed at achieving certain outcomes or goals.

Private Ownership

The possession of property by individuals or legal entities other than the government.

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