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July 24, 2014

Homework Help: Intro to Business

Posted by Lisa on Thursday, January 6, 2011 at 7:17pm.

The U.S. Supreme Court ruled that cities could have school voucher programs that give money directly to parents, who could then choose between competing schools, public or private.
The idea was to create competition among schools. Like businesses, schools were expected to improve their services (how effectively they teach) to win students from competitors.
The result would be improvement in all schools, private and public, to benefit many students.

Do you believe economic principles like competition apply in both private and public organizations? Why? (Defend your answer.)

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