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Article Summary Addressing His Conservative Party in October 2015, British Prime Minister

question 259

Multiple Choice

Article Summary
Addressing his Conservative party in October 2015, British Prime Minister David Cameron called for a major overhaul of the country's public school system by endorsing a nationwide conversion to charter-type public schools called academies while also urging current and would-be educators across the country to create small, new academies known as free schools. In a nationally televised broadcast, Cameron stated "So my next ambition is this - five hundred new free schools. Every school an academy…and yes - local authorities running schools a thing of the past." Cameron believes that the current system denies opportunities to British children, and the country will not continue to thrive unless it greatly improves the talent and experience of its younger generation.
Source: Campbell Brown, " Education Reform: Why America Needs a David Cameron," thedailybeast.com, October 16, 2015.
-Refer to the Article Summary above.The article addresses proposed British education reform by way of a completely revised public school system to improve the talent and experience of students.If these reforms lead to a more skilled and better trained public, the British economy would experience

Definitions:

Nonprice Competition

A strategy where businesses compete on factors other than price, such as quality, service, or brand image.

Product Differentiation

A marketing strategy that businesses use to distinguish their products from those of competitors.

Tacit Collusion

A situation where businesses indirectly coordinate actions without explicit agreement, often leading to market prices above competitive levels.

Few Firms

A market situation typically characterized by an oligopoly, where a small number of companies possess the majority of market share.