what are the effects of crowding out private schools and just having free educational system?

Economics
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what are the effects of crowding out private schools and just having free educational system?

May 25th, 2015

Leads to a reduction in private investment  that occurs because of an increase in government borrowing and crowding also affects the remainder of the market, either on the supply or demand  side of the market.

leads to the growth of a government monopoly which helpes to increase costs and restrict choice, competition and innovation.

May 25th, 2015

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