There are four basic ways of measuring the economic value of education.

Question

Quizplus · Accepted Answer

There are four basic ways of measuring the economic value of education: 1) individual earnings and employment outcomes, 2) social benefits such as increased productivity and reduced government spending on welfare, 3) economic growth and competitiveness on a national level, and 4) the return on investment for education at various levels (such as primary, secondary, and tertiary education).

There Are Four Basic Ways of Measuring the Economic Value