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Why is the flat-grant model of state aid to local schools characterized as "the most unequal" method of financing schools?
Market
A place or arrangement through which goods and services are exchanged between buyers and sellers.
Public Good
A commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.
Nonrival-in-consumption
A characteristic of goods where one person's consumption does not diminish the ability of others to use the same good.
Nonexcludable
A characteristic of a good or service that prevents the owner from effectively denying access to it to non-paying individuals or entities.
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