Answered

In order to increase society's well-being, education should be:

A. subsidized to discourage production.
B. taxed to discourage production.
C. subsidized to encourage production.
D. taxed to encourage production.
E. provided without government intervention.



Answer :

GinnyAnswer

Final answer:

Subsidizing education encourages production and boosts societal well-being through positive externalities.


Explanation:

Education should be subsidized to encourage production. Subsidizing education is beneficial because it leads to positive externalities such as better health outcomes, reduced crime rates, a cleaner environment, and a more stable government. By investing in education, society gains overall well-being and positive outcomes that benefit everyone.


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