______ Is a Publicly Funded Alternative to Standard Public Schools

question 116

Multiple Choice

______ is a publicly funded alternative to standard public schools in some states, initiated when individuals or groups are licensed to start their own schools with government assistance and some oversight.

• A)A knowledge is good program
• B)A Headstart program
• C)A No Child Left Behind program
• D)A voucher program
• E)A charter school program

---

Definitions:

Negative Externality

A cost that affects a party who did not choose to incur that cost, often a byproduct of production or consumption.

Public Good

A good that is non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from its use and one person's use does not reduce availability to others.

Total Damage

The cumulative impact or cost resulting from an event or series of events, often used in the context of natural disasters or accidents.

Efficient Level

A state where resources are allocated in a way that maximizes the production of goods and services, without any waste of resources.