What does it mean education is a commodity?
In other words, a certified level of education is a commodity-something that is useful and can be turned to commercial advantage. Viewing education as a commodity has several consequences.
How has education become a commodity?
Higher education is now seen through the prism of market-transaction, with students as consumers and universities as service providers. Education has become a commodity that individuals themselves must purchase. The relationship between pupils and educators has become defined by value for money.
What is meant by education system?
The educational system may be viewed as subsystem within social organisation of its own. It has a system of status and roles, a body of skills, values and traditions. Each schools and each classroom within the school forms an interacting group.
What is academically driven?
“Academic” means “relating to education and scholarship”, “drive” here means “the determination and ambition of a person to achieve something”. So someone’s “academic drive” means their desire to study and research a lot.
What is not a commodity?
First, a commodity is defined as a mass-produced unspecialized product. Non-Commodity items are more unique, historical, or rare. They are items that potentially are no longer available from original sources. Non-commodity items are things like: Vintage Items.
What makes a product a commodity?
A product is a commodity when all units of production are identical, regardless of who produces them. However, to be a differentiated product, a company’s product is different than those of its competitors.
What is education and education system?
The term education system generally refers to public schooling, not private schooling, and more commonly to kindergarten through high school programs. Schools or school districts are typically the smallest recognized form of “education system” and countries are the largest.
What motivates someone academically?
So what motivates students to learn and how can we encourage them? Students may be motivated by their interest in a topic, their prior success in a specific subject, a desire to please parents or teachers or simply by their own drive to succeed.
Which is the primary value of Education as a commodity?
Belfield also points out that the primary value education as a commodity lies in how a secondary school or university graduate chooses to use their education. This essentially means that graduates determine the value of their own education.
Is the marketing of Education as a commodity?
The marketing of education as a commodity is a simple fact of modern society. There is little to be done except to make the best of new circumstances and to do the best that can be done to ensure that with the commoditization of education, the quality of the education being offered does not falter.
Which is an example of an actual commodity?
Actual commodities are things such as corn, or wheat, or gold which are objects with actual financial value. Education, being a fictitious commodity has subjective rather than objective value. This means that the value of education changes, dependent upon factors such as the economy, the job market in a given field,…
Which is an example of a fictitious commodity?
Education in much the same sense as labour was not initially created as a saleable item, and it therefore termed by Heber, Johnson and Mattson as a “Fictitious Commodity” (Heber, Johnson and Mattson, 2003, p45). Actual commodities are things such as corn, or wheat, or gold which are objects with actual financial value.