Education confers positive externalities because
A)some education is done outside the market (i.e., in public schools)
B)curricula are regulated by the government, even in private schools
C)an educated person consuming education gains many benefits he or she did not expect when the process started
D)an educated person who has consumed education usually behaves in a way that benefits others
E)education gives benefits to individuals in excess of the costs they pay to get it

Question

Quizplus · Accepted Answer

Education confers positive externalities because an educated person who has consumed education usually behaves in a way that benefits others. For example, a person with a college degree may be more likely to volunteer, vote, or engage in other activities that promote the betterment of their community.

Education Confers Positive Externalities Because