The Positive Externality Associated with Education Is

question 71

Multiple Choice

The positive externality associated with education is:

• A) producers can get higher prices for their goods and services.
• B) less crowding in the classrooms.
• C) increases in societal well-being and economic growth.
• D) technological progress slows as basic research increases.
• E) the market excludes noncontributors to education from benefits.

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Definitions:

Marcia

A theorist known for developing the identity status theory to explain the process of identity formation in adolescence.

Generational Forgetting

The idea that each new generation forgets what the previous generation learned. As used here, the term refers to knowledge about the harm drugs can do.

Identity Diffusion

A state in psychological development where an individual lacks a clear and defined sense of identity or self-concept.

Identity Status

A conceptual framework developed by James Marcia that categorizes the process of identity development in adolescence through the exploration of various commitments and beliefs.