Educated people may generate ideas that increase production. These ideas

A) produce a return to society from education that is greater than the return to the individual.
B) never justify government subsides for education.
C) are the source of personal benefits of education.
D) are generally irrelevant for economic growth.

Production

The process of creating goods or services by combining various inputs like labor, capital, and natural resources.

Government Subsides

Financial assistance provided by the government to individuals, organizations, or businesses in order to promote certain activities or reduce the costs of those activities.

Economic Growth

An increase in the production of goods and services in an economy over a period, typically measured as the percent change in GDP.