Education is like meals and shelter. It is considered primary to at least one’s life. While food is for well being and shelter for the physique, schooling is for the mind.
Education can be classified as non-public goods. Private items (non-public items) is their provision of goods is done through market mechanisms. Included in this class is at the level of education after compulsory education, namely high school (SMU and SMK), and Universities. At this level of provision of training shouldn’t be only pushed by motivations that are non secular, and nationality, but also pushed by business concerns. Thus, the presence or absence or extent of manufacturing of schooling is influenced by the extent of demand and revenues that could be obtained by the organizer / supervisor in the future.
The universities are in shamble till issues are put in place and the college system correctly funded and good studying … Read more