React to the Often-Heard Statement, "In Education, the Pendulum Constantly

question 6

Essay

React to the often-heard statement, "In education, the pendulum constantly swings back and forth from a holistic approach to a skills-based approach to early literacy instruction." What do you think is the impetus for such change when it occurs? Would you characterize the cyclical changes as "swings" or "spirals" toward progressively better literacy instruction? Give reasons for your answer.

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Definitions:

Carrying Amount

The book value of assets and liabilities, calculated as the original cost minus any accumulated depreciation, impairment, or amortization.

Fair Value

The expected proceeds from an asset sale or the financial commitment for a liability shift in an orderly engagement among market participants at the time of determining value.

Loss on Acquisition

A financial loss that occurs when the cost to acquire a company or asset exceeds its fair value.

Gain on Sale

The profit realized from the sale of assets that exceeds the book value of those assets.