Why Do Some Researchers Feel That the Government Should Make

question 46

Multiple Choice

Why do some researchers feel that the government should make preschool mandatory?

• A) Early stimulation is the most important factor in brain development.
• B) School is essential in identity formation.
• C) The government standards for entrance to kindergarten demand it.
• D) Children learn to understand the bureaucratic nature of school.

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Definitions:

Main Determinant

The primary factor or condition that influences an outcome or result.

Price Elasticity of Supply

The measure of how much the quantity supplied of a good responds to a change in the price of that good, computed as the percentage change in quantity supplied divided by the percentage change in price.

Demand-Side

Pertaining to the aspects of the economy influenced by consumer spending and preferences, impacting overall demand for goods and services.

Market Failure

The inability of a market to bring about the allocation of resources that best satisfies the wants of society; in particular, the overallocation or underallocation of resources to the production of a particular good or service because of externalities or asymmetric information, or because markets fail to provide desired public goods.